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  • VOLVO IMPROVES CO2, FUEL ECONOMY AND BIK BANDINGS ON AUTOMATICS

    11/02/2013
    Volvo S80
    Biarritz Blue, Exterior, Side
     

     

       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.

     

    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.
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