• Image Credit: Volvo
  • Image Credit: Volvo
  • Image Credit: Volvo
  • Image Credit: Volvo
  • Image Credit: Volvo
  • Image Credit: Volvo
  • Image Credit: Volvo
  • Image Credit: Volvo
  • Image Credit: Volvo
  • Image Credit: Volvo
  • Image Credit: Volvo
  • Image Credit: Volvo
  • Image Credit: Volvo
  • Image Credit: Volvo
  • Image Credit: Volvo
  • Image Credit: Volvo
Every European automaker worth its newton-metres needs a performance arm. Audi has Quattro. Mercedes has AMG. BMW has M GmbH. Jaguar Land Rover has its new Special Vehicle Operations division. And Volvo has Polestar... right? Well, it does now. Or part of it, anyway.

The two Swedish outfits have announced a new deal that will see Volvo take over Polestar Performance AB, the tuning half of the business. As a result, we can now expect even more Polestar versions of Volvo models, including performance-oriented hybrids. According to the statement below, Polestar is starting work on "twin engine" powertrains – Swedish for plug-in hybrids, of which Volvo claims to be the largest manufacturer in Europe.

Volvo and Polestar have been in bed together since 1996 the latter fielding entries on the former's behalf in touring car racing series around the world; from the Scandinavian Touring Car Championship to Australia's V8 Supercars. And often to victorious effect. In recent years the two began collaborating as well on performance variants of Volvo's commercially available, street-legal production models, like the V60 Polestar pictured here. Today's acquisition the performance operations under Volvo's own roof, and leaves the Polestar racing division to focus on motorsport competition.

"We are extremely satisfied with the way the performance business with Volvo has developed. But we are a racing team first and foremost. This is an opportunity to return our full attention to our core business – to develop and race Volvo cars," said Christian Dahl. "Driving a Volvo Polestar is a special experience," added Volvo CEO Håkan Samuelsson. "We have decided to bring this experience to more Volvo drivers, placing the full resources of Volvo behind the development of Polestar as the model name for our high performance cars."

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Volvo Cars buys 100 per cent of Polestar

Volvo Cars, the premium car maker, has acquired 100 per cent of Polestar, the Swedish high performance car company, including the Polestar brand. Polestar will now be used as the model name for special high performance Volvos.

Polestar will also in future utilise Volvo's twin engine electrification technology to develop next generation performance cars.

Volvo is the largest manufacturer of plug in hybrid cars in Europe and leader in advanced vehicle electrification technology. Volvo currently develops and manufactures some of the most powerful, most environmentally-friendly hybrid engines in the automotive industry.
Volvo S60 Polestar, model year 2016

Volvo and Polestar share a long history. They have been working in motor sport since 1996 and in recent years signed a cooperation agreement to jointly develop Polestar versions of Volvo cars that combine a comfortable Volvo driving experience with a very high level of power and handling.

"Driving a Volvo Polestar is a special experience. We have decided to bring this experience to more Volvo drivers, placing the full resources of Volvo behind the development of Polestar as the model name for our high performance cars," said Håkan Samuelsson, president and chief executive of Volvo Cars.

In 2015, Volvo expects to sell 750 Polestar versions of the V60 wagon and S60 sedan globally. Polestar sales are forecast to increase to between 1,000 and 1,500 cars a year in the medium term under Volvo's ownership.

The Polestar brand is already firmly established internationally through the sale of Polestar-branded Volvos. Volvo will also benefit from the sale of aftermarket Polestar performance optimisation kits for existing Volvos.

No financial details of the deal have been disclosed. Existing Polestar Performance employees will become Volvo employees.

The Polestar racing team will remain under the control of Christian Dahl, the former owner of Polestar, and will be renamed. The Polestar brand will continue to work alongside Christian Dahl.

"We are extremely satisfied with the way the performance business with Volvo has developed. But we are a racing team first and foremost. This is an opportunity to return our full attention to our core business – to develop and race Volvo cars," said Christian Dahl.

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