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Volvo to Phase Out Diesel: Shifts Gears Towards Full Electric by 2024

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Volvo will cease the production of all remaining diesel models by the beginning of 2024 as it fully pivots towards electric vehicles, marking a significant step in the automotive industry.

“In a few months, the last car with a diesel engine will be produced, making Volvo one of the first automobile manufacturers to take this step,” states the announcement from the Swedish company.

Volvo, majorly owned by China’s Geely, has committed to producing exclusively electric vehicles by 2030.

In line with this, the company notes that in August, 33% of sales were attributed to fully electric or plug-in hybrid models.

Read more...

55th International Car Show Opened

The International Car Show, 55th in a row, opened in Belgrade and has gathered 250 exhibitors who will present 33 auto bands and seven...

Volvo Trucks Celebrate 20 Years Of Successful Operation In Serbia

In the presence of more than 500 prominent officials -  state officials, Swedish ambassador to Serbia H.E. Jan Lundin and business partners, ceremoniously marked the twenty years of successful work of its company in Serbia.

Diesel model sales have sharply declined in Europe, and car manufacturers are progressively reducing the number of diesel models available in their line-ups.

Diesel vehicles accounted for more than 50% of new car sales in Europe in 2015, but as of July this year, they held only around a 14% market share.

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