2010 Volvo FH16 700 Trucks

Volvo Trucks is launching the world’s most powerful series-manufactured truck. The Volvo FH16 with 700 hp and 3150 Nm of torque.

Volvo Trucks is the first manufacturer in the world to be able to put a 700 hp badge on its vehicles. The truck model in question is the company’s flagship, the Volvo FH16, which to date has had a maximum power output of 660 hp.

“The Volvo FH16 is intended for the very heaviest and most demanding of transport operations. It is also a highly prestigious truck for the customer who is looking for something truly out of the ordinary. And with 700 hp, the Volvo FH16 sets itself apart from everything else in the industry,” says Staffan Jufors, President and CEO of Volvo Trucks.

With higher power, one might well expect that fuel consumption would head in the same direction, but that is not the case.
“Our aim is to have both the best performance and the best fuel economy in the segment. We have succeeded in keeping fuel consumption the same as before despite the power increase. In a comparison with the competition, we are doing very well indeed,” reveals Staffan Jufors.

The Volvo FH16 is certified for the new Euro 5 European emission requirements that come into force in autumn 2009, which means that emissions of nitrogen oxide have been cut by more than 40 percent. In other words, the Volvo FH16 has become even more powerful but without compromising on the environment. In addition to the 700 hp version the Volvo FH16 is also available in variants producing 540 and 600 hp respectively.

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BREAKING: New GM drives out of bankruptcy this morning

After a scant six weeks in bankruptcy court, General Motors is on its way out of Chapter 11. U.S. Bankruptcy Court Judge Robert Gerber approved the sale of GM's good assets to a new company lead by the U.S. and Canadian governments and the UAW healthcare fund, but gave vested parties four days to file an objection.

After two requests for a stay were denied on Tuesday and an accident victim's request was denied at the last minute on Thursday, all signs point to an exit from bankruptcy within a few days, and this morning, word from the Detroit News is that the company officially emerged from Chapter 11 at 6:30am this morning. CEO Fritz Henderson has called a 9 am press conference this morning, and one can only assume that he will declare the birth of "New GM."

GM has received $50 billion from the US government to keep the mega-corporation out of liquidation. For its troubles, Uncle Sam will receive a 60% stake in the new company. Canada, which pitched in $9 billion, will be 11.7% owners, while the UAW will receive 17.6%. Old GM will receive 10% of the new company to help creditors recoup some money. The "New GM" will be smaller in almost every way, with four fewer brands, a smaller presence in Europe, fewer employees, and a markedly more attractive balance sheet.

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