Launched in February is the Volvo 850 wagon, followed in August by the Volvo 850 Turbo. At the time of its arrival, its 225-bhp engine is the most powerful ever offered in a Volvo.
Volvos now have inertia-reel seat belts for all three rear seats.
The last Volvo 240, a wagon, comes off the production line in May. The company has by now sold over 2.8 million cars from this series.
A proposed merger of Volvo and Renault is called off, largely on account of the reservations of shareholders and staff. Pehr G. Gyllenhammar and the board of directors resign as a result of this.
Per-Erik Mohlin is appointed acting president of Volvo Car Corporation.
CFCs (Chlorofluorocarbons) deleted from the air conditioning systems of all new production Volvo cars.
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