No new diesels for Volvo

Geely’s Volvo Cars will not develop any new diesel engines as the cost of reducing emissions of nitrogen oxide is becoming too expensive, according to chief executive Hakan Samuelsson.

“From today’s point of view, we will not develop any new generation diesel engines,” Samuelsson said.

Volvo has been gradually weaning itself off engines and platforms shared with former owner Ford and, under current Chinese owner Geely, is developing its own Drive-E engine range, first rolled out in 2013.