Now Volvo Says It Will Ditch Diesel in Europe

Diesel’s demise in Europe, the main market for the engine type, is accelerating with Volvo Cars saying it won’t be offered for the upcoming S60 sedan as the shift to electrified cars takes shape.

The revamped mid-size S60 sedan, to be unveiled in the next few weeks, will become Volvo’s first model not featuring a diesel option, the Gothenburg, Sweden-based company said Wednesday in a statement. While Toyota Motor Corp. and Nissan Motor Co. earlier decided to phase out diesel choices altogether amid declining demand, diesel sales made up 70 percent for Volvo in Europe last year. At Toyota, it was 10 percent.

“Our future is electric and we will no longer develop a new generation of diesel engines,” Volvo Chief Executive Officer Hakan Samuelsson said. “We will phase out cars with only an internal combustion engine with petrol hybrid versions as a transitional option as we move towards full electrification.”

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