Volvo Allegedly Considering a Return of the Wagon Immediately After Discontinuing the V60: TDS
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Welcome to The Downshift, or TDS for short, The Drive's morning roundup of automotive news, featuring the most important headlines from around the world.
The Downshift presents brief summaries of stories with links to the full reports. Here’s the essential news to catch up on for Wednesday, July 15, 2026.
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🫎 Reports suggest that Volvo is considering developing a new electric midsize sedan and wagon for the U.S. market, which is expected to launch in 2028, according to Automotive News and sources familiar with the matter. These vehicles are already under development for Europe, so this endeavor would involve certifying them for sale in the U.S. Production of Volvo’s last wagon for the U.S., the V60 Cross Country, ended in April. [Automotive News]
💥 The National Highway Traffic Safety Administration is investigating claims regarding fourth-generation Honda Odyssey minivans that are reportedly experiencing unintended airbag deployments without a high-G-force trigger. This model was manufactured from 2011 to 2017, totaling over 800,000 vehicles in the U.S. While this hasn’t resulted in a recall yet, it could escalate; 10 owners have reported similar incidents according to the department. [Autoblog]
⛽ Initially, Cadillac planned to phase out all gasoline models by 2030. However, recent reports indicate that this strategy has changed, with some long-established fuel-powered vehicles, such as the CT5, XT5, and XT6, set to receive redesigns or extended production. [Automotive News]
📉 Lucid's stock dropped more than 50% on Tuesday after a report suggested that the emerging electric vehicle manufacturer might pursue going private or file for Chapter 11 bankruptcy. Lucid has confirmed that they are working with a restructuring advisor but denied the bankruptcy rumors. [Bloomberg]
🆕 Toyota has unveiled the 2027 Corolla Hatchback, which sees a price increase of $700. Now starting at $26,095, the latest model features a larger infotainment screen with physical volume buttons instead of a knob, as well as an optional new 12.3-inch instrument cluster on the higher XSE trim. [Toyota]
🤑 A 1990 E30 BMW M3 Sport Evolution recently set a record at the RM Sotheby’s Woodcote Park Auction, selling for £404,375, equivalent to $523,000. This coupe has only 2,798 miles on the odometer, and it is important to mention that the Sport Evo spec is significantly rarer than a standard E30 M3, with just 600 units produced. [CarBuzz]
🧑🔬 BMW and Toyota are currently conducting a pilot program in Spain testing 20 vehicles powered by Repsol’s synthetic fuel over a six-month duration. [BMW]
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Volvo is reportedly considering a return of its wagon lineup shortly after discontinuing the V60, according to TDS.
It has been reported that Volvo is contemplating the introduction of an electric wagon in the United States, following the discontinuation of the V60 Cross Country in April.
Volvo Allegedly Considering a Return of the Wagon Immediately After Discontinuing the V60: TDS
It has been reported that Volvo is contemplating introducing an electric wagon in the U.S., following the discontinuation of the V60 Cross Country in April.