72-883: The Danish Touringcar Championship (abbreviated as the DTC ) was a touring car racing series in Denmark . The inaugural year for the DTC was 1999, after the huge success in Scandinavia of the British Touring Car Championship . For the first two years it was known as the Danish Touring Car Challenge. The final DTC season was in 2010, as the series merged with the Swedish Touring Car Championship to form
144-667: A vehicle subscription offering called Care by Volvo , which offers the Volvo XC40 for a monthly payment that includes insurance and maintenance. Care by Volvo is offered in several European markets, such as Germany, the UK and Italy, as well as in the U.S. In February 2020, Volvo and Geely announced that they had started formal discussions about a merger of business. Geely had owned 100% of Volvo, but Volvo Cars had largely been allowed autonomy with its resources. These merger talks were later halted, and 18% of Volvo Cars shares were listed on
216-409: A Volvo spokesman, denied that the company's vehicles were any less safe than the institute's top-rated vehicles, adding that It's just a philosophy on safety that is different from building cars to pass these kinds of tests. In 2006, Volvo's Personal Car Communicator (PCC) remote control was launched as an optional feature with the all-new Volvo S80 . Before a driver enters their car, they can review
288-729: A common design. Touring car racing is also referred to as saloon car racing . Worldwide Modern World Touring Car Championship (WTCC) started in 2005 , evolving from the reborn European Touring Car Championship . The series merged with the TCR International Series and became the World Touring Car Cup (WTCR) starting from 2018 . In 2023 , the WTCR was replaced by the TCR World Tour . Running at major international racing facilities, this series
360-486: A drag-reduction system (DRS) designed to encourage overtaking. More than 20 works-backed entries of the Opel Astra , Audi TT and Mercedes-Benz CLK contested the revived 2000 DTM series but a serious issue developed for the series when Opel pulled out ahead of the 2006 season. BMW would eventually replace Opel as the series' third manufacturer for 2012, while Mercedes-AMG withdrew at the end of 2018. Mercedes-AMG
432-635: A few in Denmark . The most successful car makes were Volvo, BMW, Audi, and Nissan. In 2010 the championship merged with the Danish Touringcar Championship to form the Scandinavian Touring Car Championship . The 2010 champion was Robert Dahlgren , because he had achieved the best results from selected races in the Danish and Swedish championships. Rickard Rydell and Johan Kristoffersson won
504-603: A joint venture with Geely. In 2023, Volvo removed conventional engines as an option, meaning mild hybrids are the base engine option in the US. Volvo Cars owns 18% of Polestar and 50% of NOVO Energy ( electric vehicle batteries ), 100% of Zenseact (AD and ADAS software), and 100% of HaleyTek (Android-based infotainment systems). As of 2022, Volvo Cars has production plants in Torslanda in Sweden, Ridgeville, South Carolina in
576-757: A loss to Geely Holding for $ 1.8 billion; the deal closed in August 2010. Volvo Cars was publicly listed on the Nasdaq Stockholm stock exchange in 2021, though Geely Holding still retains majority ownership. Volvo Cars and AB Volvo share the Volvo logo, and cooperate in running the Volvo Museum . In March 2021, Volvo Cars announced that it would be a fully electric brand by 2030, with vehicles sold exclusively online. In June 2021, Volvo Cars and Swedish battery developer and manufacturer Northvolt announced
648-480: A non-championship race at Fuji Speedway along with the full GT500 grid, labelled the 'SUPER GT x DTM Dream Race'. Aston Martin withdrew from the event as they intended to focus on developing the Vantage package for 2020, however this never eventuated as the program was ended. Audi announced in late April 2020 that they would be discontinuing their involvement in the series after the end of the 2020 season, following
720-592: A shared ownership of Volvo Cars, as part of a larger consortium. Other rumored candidates to purchase Volvo Cars included BMW AG of Germany, Investor AB of Sweden, Chinese investors, and Russian investors. Although it was rumoured that Volkswagen would buy Volvo Cars, and despite initial denials, the company Geely Holding Group was ultimately selected to take over the Swedish automaker. Geely Holding allegedly bid about US$ 1.5 billion to take over Volvo, with Goldman Sachs investing HK$ 2.59 billion (US$ 334 million) in
792-469: A test of reliability and pit crews as much as car, driver speed, and consistency. Touring car racing started in the mid twentieth century as a long-format style of competition that took place on public roads between numerous towns. The cars were crewed by a driver and, because of their unreliability, a mechanic who carried tools and spares. The legacy of these beginnings can still be seen in modern touring and GT cars – the driver sits offset from
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#1732780492176864-403: A trophy. In Australia, Supercars enjoys a strong support base that is still driven in large part by the tribal Ford versus Holden battle. Over 200,000 total spectators attend the four-day Adelaide 500 and Bathurst 1000 events, and the 2019 Bathurst 1000 drew a maximum of 2.36 million television viewers across the country. This compares favourably with other major sporting events such as
936-939: A year of running its Nissan Altimas privately, Supercars reverted to a two-make Ford vs. Holden competition. Different sets of regulations do apply: Volvo Cars Volvo Car AB , trading as Volvo Cars ( Swedish : Volvo personvagnar , styled VOLVO in the company's logo) is a Swedish multinational manufacturer of luxury vehicles . Volvo is headquartered in Torslanda , Gothenburg . The company manufactures SUVs , station wagons , and sedans . The company's main marketing revolves around safety and its Swedish heritage and design. Volvo Cars has been separate from its former parent conglomerate and producer of heavy trucks , buses , and construction equipment (among others) AB Volvo since 1999 when AB Volvo sold its automobile division Volvo Cars to Ford Motor Company for US$ 6.47 billion. On 28 March 2010, Ford sold Volvo Cars at
1008-544: Is Latin for 'I roll') was first registered by SKF on 11 May 1915 with the intention to use it for a special series of ball bearing for the American market but it was never used for this purpose (however in the application for the trademark, it was also designated for the purpose of automobiles ). The SKF trademark as it looks today was used instead for all the SKF-products. Some pre-series of Volvo-bearings stamped with
1080-468: Is supported by BMW , SEAT and Chevrolet . The latter fields a works team, whereas the other two only sell racing kits to be installed on their cars, providing technical support to their customers. In 2011, Volvo also entered the championship, fielding a one-car team as an evaluation for a possible heavier commitment to the series. The World Touring Car Championship features 1.6-litre cars built to Super 2000 regulations based on FIA Group N . Following
1152-583: The 2016 season manufacturer team entries came from BMW, Subaru , MG , and Honda . Since BTCC budgets have been kept relatively low, there is a strong independent and privateer presence in the championship. Manufacturers represented by privateers include Vauxhall , Ford , Toyota , Volkswagen , Chevrolet, and Audi . Prior to 2001 the BTCC was contested by cars built to 2.0-litre supertouring regulations and had in its heyday up to nine different manufacturers. Joachim Winkelhock stated on several occasions that it
1224-605: The 2020 season , while Ford returned for the 2019 season with the Mustang project. The Commodore will be replaced with a Chevrolet Camaro , which will be sold in Australia by General Motors Specialty Vehicles. Other manufacturers have also appeared in the series, including Nissan with Kelly Racing , Volvo with Garry Rogers Motorsport , and Mercedes-Benz in a non-factory-supported program from Erebus Motorsport . With Kelly Racing's switch to Ford Mustangs for 2020 after
1296-730: The AFL Grand Final with 2.2 million TV viewers in 2019 . Supercars is also popular in New Zealand , with a regular round formerly held in the country (previously held at Pukekohe ) being the only international event on the series calendar. Attempts at further international expansion were made in China , Malaysia , the Middle East , and the United States during the 2000s and 2010s, none of which have survived. As
1368-555: The Blind Spot Information System (BLIS), which detects vehicles entering the vehicle's blind spot with a side-view-mirror-mounted camera, and alerts the driver with a light. That year also saw Volvos sold in all markets equipped with side-marker lights and daytime running lights. Also, since 2004 all Volvo models except for the coupes ( C70 and C30 ) are available with an all-wheel drive system developed by Haldex Traction of Sweden. In 2005, Volvo presented
1440-509: The Dutch government had participated in a joint venture at the former DAF plant in Born , Netherlands since 1991). Ford saw advantages in acquiring a profitable prestige mid-size European automobile manufacturer, well renowned for its safety aspects, as an addition to its Premier Automotive Group. The buyout of Volvo Cars was announced on 28 January 1999, and in the following year the acquisition
1512-870: The Nasdaq Stockholm stock exchange in October 2021. In early 2021 the company announced plans to completely stop selling fossil fuel-based cars by 2030, switching to electric-powered cars. The plan includes phasing out fossil-fuel-only cars by 2025, manufacturing only electric cars or hybrids. In 2021, Volvo Cars set up a joint venture with Geely for its hybrid engine operations. The new business, Aurobay will develop and market powertrain solutions, and as of 2022, includes Volvo Cars' engine plants in Skövde and Zhangjiakou , together with its powertrain research and development operations in Gothenburg . In June 2023, Ukraine blacklisted Geely due to its refusal to leave
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#17327804921761584-581: The Next Generation Touring Car specification, from 2011 , started a phased transition from Super 2000 cars in an effort to cut costs and improve the sport. Germany/Europe The DTM series, the initials standing for Deutsche Tourenwagen Meisterschaft until 1996, then following a hiatus, revived as Deutsche Tourenwagen Masters in 2000, features advanced purpose built 2.0-litre four-cylinder turbo-powered space frame machines, covered with largely carbon fibre bodyshapes resembling
1656-633: The Scalable Product Architecture (SPA) , and re-introduced an expanded -90 series of models, including the S90 sedan and Volvo V90 wagon in addition to a redesigned XC90 SUV. In 2015, Volvo sold more than half a million cars for the first time in its 89-year history. Volvo reported strong sales from all three core global regions. Sales in Europe rose 10% in 2015 to 269k, representing over 50% of total global volume. Volvo's revival in
1728-416: The Scandinavian Touring Car Championship . This article related to touring car racing is a stub . You can help Misplaced Pages by expanding it . Touring car racing Touring car racing is a motorsport road racing competition that uses race prepared touring cars. It has both similarities to and significant differences from stock car racing , which is popular in the United States . While
1800-640: The Uddevalla plant in Sweden was opened, which was jointly operated by Volvo Car Group and Pininfarina Sverige AB from 2005 to 2013. In the early 1970s, Volvo acquired the passenger car division of the Dutch company DAF , and marketed their small cars as Volvos before releasing the Dutch-built Volvo 340 , which went on to be a big seller in the UK market in the 1980s. In 1986 Volvo sold 113,267 cars in
1872-566: The 'fastest touring cars in the world' racing at speeds that can reach nearly 300 km/h. They are also the most expensive touring cars in the world with each car costing in excess of $ 1 million (AUD) which includes bespoke $ 250,000 (AUD) 5.0-litre V8 engines producing approximately 635 hp (473 kW). The current formula was devised in 1993 (based on Group A regulations) and branded as 'V8 Supercars' in 1997 and 'Supercars' in 2016. The series features grids of approximately 25 cars, although selected events feature wildcard entries which add to
1944-438: The 740/940 (from 1982 on) in the 15% better than average category, the second from the top category. In 2005, when the American non-profit, non-governmental Insurance Institute for Highway Safety (IIHS) released its first annual "Top Safety Picks" vehicles list, none of Volvo's offered vehicles in the US were included on the list. According to Russ Rader, a spokesman for IIHS, Volvo lagged behind its competitors. Dan Johnston,
2016-541: The C70 featured a head-protecting airbag deploying upwards from the door, avoiding this problem. It has been stated by many testing authorities that side head protecting curtain airbags can reduce the risk of death in a side impact by up to 40% and brain injury by up to 55%, as well as protect occupants during a rollover. In 1998, Volvo introduced its Whiplash Protection System (WHIPS), a safety device to prevent injury to front seat users during collisions. In 2002, Volvo pioneered
2088-564: The Japanese sports car series Super GT which runs a near identical set of rules and regulations in its GT500 class. Honda, Toyota – represented via Lexus , and Nissan each entered a wildcard entry for the final race of the 2019 season at the Hockenheimring . The cars entered were a Nissan GT-R (R35), a Lexus LC 500 and a Honda NSX . For the weekend of the 22nd-24 November, DTM sent three BMW M4s and four Audi RS5s to take part in
2160-515: The NLS series of ten typically four-hour-long races. Cars range from old 100 hp (75 kW) road legal compacts to 500 hp (370 kW) Porsche 996 and even modified DTM cars (1,250 kg (2,760 lb)). Most entrants of the 24 Hours Nürburgring collect experience here. Sweden/Denmark Between 1996 and 2010 the Swedish Touring Car Championship contained various races in Sweden and
2232-717: The PAG, the company significantly expanded its range of vehicles. Ford, in turn, attempted with little market success to leverage synergies from Volvo, namely by sharing a re-engineered platform and many safety features from the Volvo S80 with the Ford Five Hundred (et al.). After Ford sold Jaguar Land Rover to Tata Motors of India in 2008, the company initially decided to keep Volvo Cars despite mounting losses and major economic downturns. Ford decided to restructure plans for Volvo Cars, pushing it further upmarket, alongside
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2304-730: The Russian market. In this regard, the Swedish authorities began to discuss the possibility of a boycott of Volvo Cars. The discussion was initiated by the Ministry of Defense of Sweden. In November 2023, Volvo Cars announced the launch of an Energy Solutions business, beginning with a vehicle-to-grid (V2G) pilot programme in Gothenburg along with local power utility Goteborg Energi. In 2024, Volvo Cars scrapped its goal of becoming fully electric by 2030, adjusting its strategy due to industry challenges. In November 2024, Volvo Cars announced
2376-432: The UK with cars built to Next Generation Touring Car specification, with ballast being used to equalise performance. From 2011 , cars that ran to the BTCC's own Next Generation Touring Car specification were eligible to compete in a phased move away from Super 2000 regulations. Cars are 2.0-litre saloons , station wagons and hatchbacks with over 350 bhp (260 kW) and can be front or rear-wheel drive. During
2448-558: The US gained momentum, with sales up 24% in 2015, while China was flat amid a challenging sales environment, but sales were up 11% in the fourth quarter. In July 2017, the automaker announced that beginning in 2019, all of its new models will include an electric motor in their powertrain. Implementation of the announcement could mean Volvo becoming the first manufacturer to end production of internal combustion -only vehicles, with all vehicles hybrid or electric powered. Between 2019 and 2021, Volvo plans to launch three electric cars under
2520-478: The US marking a record year for the company. The appearance of Japanese brands like Acura and Lexus and the growing popularity of Subaru station wagons in subsequent years meant the loss of a significant market share for Volvo, one which they have never regained. Volvo's long-time CEO Pehr G. Gyllenhammar saw early on that Volvo was too small to survive in the future, and attempted several times to merge with other manufacturers. Volvo nearly merged with Saab in
2592-622: The United States, Ghent in Belgium, and Daqing in China. Volvo was founded upon the concept of safety in 1927, in Gothenburg , Sweden: Cars are driven by people. The guiding principle behind everything we make at Volvo, therefore, is and must remain, safety. The company was created as a subsidiary to SKF . Assar Gabrielsson was appointed managing director and Gustav Larson technical manager . The trademark Volvo (which
2664-430: The Volvo 745 was recalled as the front seatbelt mounts could break in a collision. In 1998, Volvo installed a head-protecting airbag, which was made standard in all new models as well as some existing models. The IC head-protecting airbag was not available on the 1997 C70 since the initial design deployed the airbag from the roof, and the C70, being a convertible, could not accommodate such an airbag. A later version of
2736-607: The Volvo Museum, which opened in a permanent location in Arendal at Hisingen on 30 May 1995. For several years, the collection had been housed at the Blue Hangar, at the then closed Torslanda Airport . In 1999, Volvo Group decided to sell its automobile manufacturing business in order to concentrate on commercial vehicles, and to buy a 5% stake in Japanese automaker Mitsubishi Motors (with which Volvo Group along with
2808-454: The Volvo brand and two more under the Polestar performance brand. Volvo is one of the proponents of autonomous vehicles. On 20 November 2017, Uber announced that it planned to buy up to 24,000 Volvo cars designed to accept autonomous technology between 2019 and 2021. This non-binding intent includes a plan for Uber Advanced Technologies Group to design and build the self-driving system in
2880-476: The XC90 SUV. In 2016, the companies announced that they planned to collaborate on the design and financing of cars with self-driving systems. Such vehicles require a different type of steering and braking mechanism, as well as sensors. The CEO of Volvo Cars, Håkan Samuelsson, made this comment in an interview: "We get support developing this car ... It’s also a big commercial deal." Also in 2017, Volvo announced
2952-420: The board. His board members include vice-chairman Hans-Olov Olsson , a former president and chief executive of Volvo Cars, and Håkan Samuelsson , formerly chief executive of MAN . Under Geely ownership, Volvo has refocused its product lineup. The manufacturer has developed a new line of 3- and 4-cylinder diesel and petrol engines while eliminating larger engines. It has also developed a new vehicle platform ,
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3024-429: The brand name 'Volvo' were manufactured but never released to the market, and it was not until 1927 that the trademark was used again, now as a trademark and company name for an automobile. The first Volvo car left the assembly line on 14 April 1927, and was called Volvo ÖV 4 . After this the young company produced closed top and cabriolet vehicles, which were designed to hold strong in the Swedish climate and terrain. In
3096-563: The cars do not move as fast as those in formula or sports car races, their similarity both to one another and to fans' own vehicles makes for well-supported racing. The lesser use of aerodynamics means following cars have a much easier time passing than in open-wheel racing , and the more substantial bodies of the cars makes the subtle bumping and nudging for overtaking much more acceptable as part of racing. As well as short sprint races, many touring car series include one or more endurance races , which last anything from 3 to 24 hours and are
3168-429: The centreline of the car and there is space for a second seat (although they are rarely fitted any more). While rules vary from country to country and series to series, most series require that the competitors start with a standard car body , but virtually every other component may be allowed to be heavily modified for racing, including engines, suspension, brakes, wheels and tires. Aerodynamic aids are sometimes added to
3240-542: The championship in 2011 and 2012 , in a Chevrolet and a VW , respectively. In 2013 the series merged with the TTA – Racing Elite League to form the 2013 STCC – Racing Elite League season , starring 17 drivers for Volvo, BMW, Saab , Citroën , Dacia , and Honda. Australia and New Zealand Formerly the Australian Touring Car Championship , Supercars are recognised internationally as
3312-618: The company's history outside of Sweden, in Halifax, Nova Scotia, Canada . In 1964, Volvo opened its Torslanda plant in Sweden, which currently is one of its largest production sites (chiefly large cars and SUVs). Then in 1965, the Ghent , Belgium plant was opened, which is the company's second largest production site. This was also Volvo's first location producing cars within the European Economic Community . In 1989,
3384-658: The decline in sales and eventual discontinuation of the Falcon in 2016 and Commodore in 2020 (the two models that exclusively competed in the V8 formula from 1993 to 2012). Ford withdrew all financial support after 2015 , and Holden cut most of its support back to only the Red Bull Holden Racing Team from 2017. Holden was shut down as a brand during 2020, ending its factory involvement in Supercars after
3456-432: The development of a virtual crash test dummy representing a midsized pregnant female. It was named Linda and was modeled in her 36th week of pregnancy to analyze the effects of high-speed impact on the womb, placenta, and fetus. Collaborating with Chalmers University of Technology , they also crafted a computer model of an average-sized female to advance their Whiplash Protection System (WHIPS). In 2004, Volvo introduced
3528-473: The doors and into the safety cage. In 1994, to add to its SIPS, Volvo was the first to introduce side airbags and installed them as standard equipment in all models from 1995. At the start of the 1995 model year, side impact protection airbags were standard on high trim-level Volvo 850s, and optional on other 850s. By the middle of the production year, they were standard on all 850s. In model year 1995, SIPS airbags became standard on all Volvo models. In 1995,
3600-493: The first rear-facing child seat in 1964 and introduced its own booster seat in 1978. In 1991, the 960 introduced the first three-point seat belt for the middle of the rear seat and a child safety cushion integrated in the middle armrest. Also in 1991, it introduced the Side Impact Protection System (SIPS) on the 700 , 940 / 960 and 850 models, which channels the force of a side impact away from
3672-575: The front and rear of the cars. Regulations are usually designed to limit costs by banning some of the more exotic technologies available (for instance, many series insist on a control tire that all competitors must use) and keep the racing close (sometimes by ballast weight where winning a race requires the winner's car to be heavier for subsequent races). Touring cars share some similarity with American stock car racing governed by NASCAR . However, touring cars are, at least notionally, derived from production cars while today's NASCAR vehicles are based on
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#17327804921763744-547: The grid. The cars are currently based on the Ford Mustang GT and Holden Commodore (ZB) The minimum weight for a Supercar including driver is 1,395 kg (3,075 lb). The Commodore will be replaced by a Chevrolet Camaro in 2022. The race cars themselves are derived from production body panels and space frame chassis. Both body styles feature an aerodynamic package incorporating large front and rear wings designed to ensure equal aerodynamic performance between
3816-478: The holding company. Ford Motor Company offered Volvo Cars for sale in December 2008, after suffering losses that year. On 28 October 2009, Ford confirmed that, after considering several offers, the preferred buyer of Volvo Cars was Geely Holding Group, the parent of motor manufacturer Geely Automobile . On 23 December 2009, Ford confirmed the terms of the sale to Geely had been settled. A definitive agreement
3888-513: The intention to establish a 50/50 joint venture consisting of a battery gigafactory and R&D (research and development) center. In December 2021, it was revealed the battery R&D center would be located in Gothenburg. In February 2022, Gothenburg was also chosen as the location for the battery gigafactory. During 2021 and 2022, Volvo Cars transferred its hybrid engine research and production capabilities in Skövde and Zhangjiakou to Aurobay , in
3960-597: The late seventies, while in 1978 an aborted affair would have seen the Norwegian state take over 40 percent of the company. In return, Volvo would receive 200 million SEK and a ten percent concession in the Oseberg oil field . Major institutional actors in Sweden opposed the deal and blocked it. A deal to merge with Renault was blocked in 1993, mainly opposed by a Swedish stockholders' association. A collection of Volvo's most important historical vehicles are now housed in
4032-448: The lower end of Mercedes and BMW sedans, wagons, and SUV crossovers. The outcome was the luxurious second generation Volvo S80 and the new small premium crossover Volvo XC60 . When the global economic crisis of 2008 threatened the US automakers, Swedish authorities became concerned about the fate of Volvo, should Ford file for bankruptcy. These concerns mounted after repeated mass-layoffs at Volvo. In December 2008, Ford announced that it
4104-488: The manufacturers' road machine (although the roof and roof pillars do originate from the production car). In order to lower costs, the engine power is limited to 610 hp (450 kW), and transmissions, brakes and tyres (Hankook) are standard parts for all. Also, dimensions and aerodynamics are equalised. The approx. 985 kg (2,172 lb) (without driver) DTM cars corner incredibly quickly and wear spectacular bodykits incorporating huge wheel arches and diffusers, plus
4176-549: The profitable American market. The first Volvos arrived in the United States in 1955, after the hardware wholesaler Leo Hirsh began distributing cars in California. Later, Texas was added, and in 1956, Volvo themselves began importing cars to the US. North America has consistently provided Volvo with their main outlet since. In 1963, Volvo opened the Volvo Halifax Assembly plant, the first assembly plant in
4248-547: The registration application for Volvo logotype in 1927, they simply made a copy of the entire radiator for ÖV4, viewed from the front. The round logo with the arrow pointing to the right ( ♂ ) is the Greek alchemical symbol for iron . Presented in 1944, the Volvo PV444 passenger car only entered production in 1947. It was the smallest Volvo yet and became the most produced car that Volvo made, and spearheaded Volvo's move into
4320-501: The sale of its 30&% stake in Lynk & Co to Zeekr , at a price of RMB 5.4 billion. Volvo cars have long been marketed as safe and the company has stressed their historic reputation for solidity and reliability in marketing campaigns. Volvo uses high-tech safety systems as standard equipment in new vehicles. Prior to strong government safety regulation Volvo had been at the forefront of safety engineering. In 1944, laminated glass
4392-412: The same path Mercedes-Benz did after the end of the 2018 season; focusing on electric motorsport, most notably Formula E . This will leave BMW as the sole manufacturer left, putting the series' future in serious jeopardy. Germany Since 1997, and nowadays still on the over 20 kilometres (12 mi) long famous old Nürburgring and other circuits worldwide, in average over 150 touring cars compete in
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#17327804921764464-555: The second generation of Volvo C70 , which came with extra stiff door-mounted inflatable side curtains (the first of its kind in a convertible) dubbed 'DMIC'. Volvo's safety systems remained standard on all Volvo vehicles while under ownership of Ford Motor Company. Volvo had patented many of its safety innovations, including SIPS , WHIPS , ROPS , DSTC , and body structures. Some of these systems were fitted to other Ford and Premier Automotive Group vehicles in forms similar to those of Volvo systems. A 2005 Folksam report, put
4536-444: The series has grown, major international motorsport organisations have become involved such as Team Penske , Andretti Autosport , United Autosports and Triple Eight Race Engineering . Both Ford and Holden financially and technically supported their favoured teams and took an active role in promotion of the series from its beginning, but began to wind back and ultimately withdraw their financial commitments approximately in line with
4608-401: The series' revival in 2000. Engine power was increased from ~500 hp to 610 hp, with an extra 30 hp available as part of a push-to-pass system available to drivers for the first time. Downforce levels were also reduced to encourage overtaking and increase top speeds to 300 km/h (186 mph) in order to improve the racing spectacle. In 2019, DTM formed a partnership with
4680-561: The trend of recent FIA rules, cost control is a major theme in the technical regulation. In 2011 the rules concerning the engine capacity have changed, switching from 2000 cc to 1600 cc turbo engines. Cars equipped with the old 2000 cc engines are still eligible in the championship. Many technologies that have featured in production cars are not allowed, for example: variable valve timing, variable intake geometry, ABS braking and traction control . United Kingdom The British Touring Car Championship (BTCC) currently competes at nine circuits in
4752-574: The two vehicle types. The series incorporates the world famous Bathurst 1000 race as a championship round. Because of the longer distance, regulations require two drivers per car for this race. This also applies to The Bend 500 & the Gold Coast 600 . These events make up the Pirtek Enduro Cup , which is a championship-within-a-championship where the driver combination with most points collected over these three endurance races wins
4824-539: Was completed at a price of US$ 6.45 billion. As a result of the divestiture , the Volvo trademark was used by two separate companies: Volvo Group completed its 5% deal with Mitsubishi in November 1999, but sold its stake back to Mitsubishi Heavy Industries in March 2001. Volvo Car Group was part of Ford Motor Company's Premier Automotive Group (PAG), along with Jaguar , Aston Martin and Land Rover . While part of
4896-441: Was considering selling Volvo Cars. Initially, a sale price of US$ 6 billion was reported. Ford said it was also looking into the possibility of spinning off Volvo as an independent company. The Swedish government was asked to look into a possible state ownership of Volvo, or a financial bailout for Volvo Cars and SAAB of GM. Former parent AB Volvo agreed to help Volvo cut costs through partnerships, and suggested taking part in
4968-460: Was introduced in the PV model. After Vattenfall engineers presented their pioneering work to Volvo in the 1950s, Volvo engineer Nils Bohlin invented and patented the modern three-point safety belt , which became standard on all Volvo cars in 1959, and then made this design patent open in the interest of safety and made it available to other car manufacturers for free. Additionally, Volvo developed
5040-452: Was replaced by a privately funded Aston Martin Vantage program that did not last beyond the 2019 season. For the 2019 season, major technical changes occurred. Turbochargers were reintroduced in accordance with new regulations impacting engines and power outputs, as all cars are now required to have 2.0-litre 4-cylinder single turbo engines, replacing the 4.0L V8s that had been used since
5112-644: Was signed on 28 March 2010, for US$ 1.8 billion. The European Commission and China's Ministry of Commerce approved the deal on 6 and 29 July 2010, respectively. The deal closed on 2 August 2010 with Geely paying $ 1.3 billion cash and a $ 200 million note. Further payments are expected with a later price "true-up". It is the largest overseas acquisition by a Chinese automaker. Stefan Jacoby , formerly chief executive of Volkswagen of America , became Volvo Car Group's president and chief executive on 16 August 2010, replacing Stephen Odell, who became chief executive of Ford Europe . Li Shufu became Volvo Cars' chairman of
5184-553: Was the best touring car championship in the world, and many champions of that era now race in the World Touring Car Championship (WTCC). Between 2002 and 2006 the BTCC ran its own Touring class with Super Production/Super 2000 cars making up the numbers; the Touring class was phased out (only privateers are eligible to run old Touring cars) with the intention of a pure Super 2000 series. The introduction of
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