Volvo Cars to impose 112 mph (180 kph) speed limit on all cars to highlight dangers of speeding
Volvo Cars, as a worldwide leader in safety, is sending a strong signal about the dangers of speeding and will limit the top speed on all its cars to 112 mph (180 kph) from 2020, beginning with model year 2021.
The company’s Vision 2020, which aims for no one to be killed or seriously injured in a new Volvo by 2020, is one of the most ambitious safety visions in the automotive industry. But realizing that technology alone will not get it all the way to zero, Volvo Cars is now broadening its scope to include a focus on driver behavior.
Research by Volvo Cars has identified three remaining concerns for safety that constitute so-called ‘gaps’ in its ambition to completely end serious injuries and fatalities in its cars, with speeding a very prominent one.
“Volvo is a leader in safety: we always have been and we always will be,” said Håkan Samuelsson, president and chief executive, Volvo Car Group. "Because of our research we know where the problem areas are when it comes to ending serious injuries and fatalities in our cars. And while a speed limitation is not a cure-all, it’s worth doing if we can even save one life.”
Apart from limiting top speeds, the company is also investigating how a combination of smart speed control and geofencing technology could automatically limit speeds around schools and hospitals in future.
“We want to start a conversation about whether car makers have the right or maybe even an obligation to install technology in cars that changes their driver´s behaviour, to tackle things like speeding, intoxication or distraction,” said Mr. Samuelsson. “We don’t have a firm answer to this question, but believe we should take leadership in the discussion and be a pioneer.”
The problem with speeding is that above certain speeds, in-car safety technology and smart infrastructure design are no longer enough to avoid severe injuries and fatalities in the event of an accident. That is why speed limits are in place in most western countries, yet speeding remains ubiquitous and one of the most common reasons for fatalities in traffic.
Millions of people still get speeding tickets every year and traffic accident data from the National Highway and Traffic Safety Administration shows that 25 percent of all traffic fatalities in the US in 2017 were caused by speeding.
People simply do not recognize the danger involved in speed, says Jan Ivarsson, one of Volvo Cars’ leading safety experts.
“As humans, we all understand the dangers with snakes, spiders and heights. With speeds, not so much,” said Mr Ivarsson. “People often drive too fast in a given traffic situation and have poor speed adaption in relation to that traffic situation and their own capabilities as a driver. We need to support better behaviour and help people realise and understand that speeding is dangerous.”
Beyond speeding, two other problem areas constitute ‘gaps toward zero’. As obvious a problem as speeding (and as difficult to end) is intoxication. Driving under the influence of alcohol or drugs is illegal in large parts of the world, yet it remains a prime reason for injuries and fatalities on today’s roads.
The other area is distraction. Drivers distracted by their mobile phones or otherwise not fully engaged in driving are another major cause of traffic fatalities. In many ways, they are equally dangerous as drunk drivers.
Volvo Cars will present ideas to tackle the problem areas of intoxication and distraction at a special safety event in Gothenburg, Sweden on March 20.
Volvo Car Group in 2018
For the 2018 financial year, Volvo Car Group recorded an operating profit of 14,185 MSEK (14,061 MSEK in 2017). Revenue over the period amounted to 252,653 MSEK (208,646 MSEK). For the full year 2018, global sales reached a record 642,253 (571,577) cars, an increase of 12.4 per cent versus 2017. The results underline the comprehensive transformation of Volvo Cars’ finances and operations in recent years, positioning the company for its next growth phase.
About Volvo Car Group
Volvo has been in operation since 1927. Today, Volvo Cars is one of the most well-known and respected car brands in the world with sales of 642,253 cars in 2018 in about 100 countries. Volvo Cars has been under the ownership of the Zhejiang Geely Holding (Geely Holding) of China since 2010. It formed part of the Swedish Volvo Group until 1999, when the company was bought by Ford Motor Company of the US. In 2010, Volvo Cars was acquired by Geely Holding.
In 2018, Volvo Cars employed on average approximately 43,000 (39,500) full-time employees. Volvo Cars head office, product development, marketing and administration functions are mainly located in Gothenburg, Sweden. Volvo Cars head office for China is located in Shanghai. The company’s main car production plants are located in Gothenburg (Sweden), Ghent (Belgium), South Carolina (US), Chengdu and Daqing (China), while engines are manufactured in Skövde (Sweden) and Zhangjiakou (China) and body components in Olofström (Sweden).