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Volvo Gears Up With 7 New, Revised Models

Swedish premium car maker Volvo is introducing seven models or new versions of existing models over the next four years. The most intensive launch activity in its nearly 80-year history comes on the heels of Ford's surprise announcement in August that it expects its luxury European-car division to be unprofitable for the year.

Among the vehicles on the way is the C30, a two-door compact aimed at the empty nesters and young, urban buyers who have made BMW's Mini a hit. Also coming to the U.S. next year is a sportier version of Volvo's flagship S80 sedan, equipped with a V8 engine. It also contains a "Personal Car Communicator"--a pocket-sized device that notifies the driver if the car is locked and can tell whether someone else (like a carjacker) is inside the car, thanks to a heartbeat sensor.

CEO Fredrik Arp says Volvo intends to maintain its role as the auto industry's safety leader. The new models represent a broader push to increase Volvo's sales by roughly 35%.

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