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Volvo Develops New Green Racing Car for 2008 STCC Season - VIDEO STORY

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GOTHENBURG - March 19, 2008: Volvo Car Corporation will develop a completely new racing car in 2008 and continue its work with bioethanol (E85) and Green Racing in the STCC (Swedish Touring Car Championship). The modern green racing car is based on the Volvo C30, the model that most clearly demonstrates Volvo's environmental technology on the market, with versions such as the Flexifuel and the upcoming 1.6D Efficiency. The latter has an average fuel consumption of 0.45 litres per 10 km (52 mpg-US/62 mpg-UK) and CO2 emissions under 120 grams per kilometre. Development of the new racing car will be done jointly by Volvo Cars and Polestar Racing.

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