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VOLVO IMPROVES CO2, FUEL ECONOMY AND BIK BANDINGS ON AUTOMATICS

 

   VOLVO IMPROVES CO2, FUEL ECONOMY AND BIK BANDINGS ON AUTOMATICS

  • Major CO2 and fuel economy improvements across Volvo automatic models
  • Benefit in Kind banding improvement for company car drivers of up to four percentage points
  • No changes to the on-the-road list price accompanied by a drop in VED

 

Extensive CO2 and fuel efficiency gains with no price changes on new automatic Volvos are set to deliver significant savings to company car drivers and their employers.

 

The improvements underline Volvo's commitment to ensuring that drivers of automatic cars can receive the same benefits as their manual counterparts.

 

Effective immediately, new S80, V70, S60 and V60 D3 and D4 Geartronic versions will emit under 130g/km CO2*, - a 4 percentage point improvement on current BIK banding. This equates to £21 per month for a 20% tax payer based on 2012/13 tax bandings, driving a Volvo V60 D4 SE LUX Geartronic. Employers also save on class 1A NIC contributions which are also determined by COemissions.

 

The changes have delivered an 11% emissions reduction on S60 D3/D4 Geartronic, which now produces just 126g/km CO2, (down from 142g/km) and returns 58.9mpg (52.3mpg on the previous production model). These improvements have helped reduce BIK from 22% to just 19% this year and to 20% for the upcoming 2013/2014 financial year.

 

Other models in the Volvo range that will benefit from the latest enhancements is the XC60 D4 FWD Geartronic.  Fuel economy for this model rises to 47.1mpg from 41.5mpg and it now produces just 159g/km CO2, a 19g/km CO2 improvement on the previous production model. The corresponding fall in BIK sees this vehicle drop from the 29% BIK banding to just 25% for the current financial year and 26% for the 2013/2014 financial year.

 

The vast majority of existing orders needn't take any further action as vehicles built from 11th February will automatically benefit from the CO2 and fuel economy enhancements.

 

Selwyn Cooper, Volvo Car UK national corporate operations manager said: "We are committed to the company car driver and we are continuing to strive to improve CO2 at every level. Business drivers are more likely to opt for automatics and we don't want them penalised by paying much higher BIK so we are doing everything we can to create vehicles that are kinder to the environment and hence, the pocket."

 

For updated comparison information with other manufacturers, independently supplied by CAP, visit the Volvo Comparison Tool on the business sales section of the Volvo Car UK website - www.volvocars.co.uk/business  

 

Below is a full table outlining the improvements in CO2, MPG and BIK across the range:

 

  

 

MODEL

TRIM

ENGINE

GEARBOX

NEW G/KM

PREVIOUS G/KM

NEW MPG

PREVIOUS MPG

NEW BIK %

OLD BIK %

NEW VED

PREVIOUS VED

S60

ALL

D3/D4

Geartronic

126

142

58.9

52.3

19

22

£0

£135

V60

ALL

D3/D4

Geartronic

129

149

57.6

49.6

19

23

£0

£135

S80

ALL EXCEPT EXEC

D3/D4

Geartronic

129

148

57.6

50.4

19

23

£0

£135

V70

ALL EXCEPT R-DESIGN

D3/D4

Geartronic

130

149

57.6

49.6

20

23

£0

£135

XC60

ALL

D4 FWD

Geartronic

159

178

47.1

41.5

25

29

£170

£215

XC70

ALL

D4 FWD

Geartronic

154

169

47.9

44.1

24

27

£170

£195

XC60

ALL

D4/D5

Manual

139

149

53.3

49.6

21

23

£120

£135

XC70

ALL

D4/D5

Manual

139

149

53.3

50.4

21

23

£120

£135

S80

EXEC

D3/D4

Geartronic

132

148

56.5

50.4

20

23

£120

£135

V70

R -DESIGN

D3/D4

Geartronic

134

149

55.4

49.6

20

23

£120

£135

 

*Due to the standard 18" alloys fitted to the Volvo S80 Executive and V70 R-Design models, the CO2 figures remain slightly higher for D3/D4 Geartronic variants at 132g/km CO2 and 134g/km CO2 respectively.

 

Keywords:
Old S60, Old V60, Volvo XC60, Volvo People, 2014, XC70 (2008-2016), V70 (2008-2016), S80 (2008-2016)
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