Swedish concern Volvo is the first in the history of the company who has introduced a three-cylinder engine. The new engine was designed for a new compact crossover XC40. The new Volvo development is a 1.5-liter gasoline engine with a capacity of 158 horsepower. With such power, the new XC40 will reach 100 kilometers in just 9.4 seconds, and fuel consumption will be 7.1 liters per 100 kilometers. The new development will increase the demand for a new crossover XC40.
Over the last week, Volvo shares have increased by 2.9% and will continue to grow based on the news. Trading will be available during the European session, from 08:15 to 16:30 GMT.
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