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The third model to use the Volvo V70 moniker was officially unveiled by Volvo at this year?s Chicago Auto Show which was held on the second of February. Unlike its previous generations, the new Volvo V70 delivers with a new five-cylinder D5 diesel engine, a four-cylinder flex-fuel option, and a new top-end six-cylinder twin-scroll turbo engine, plus an E85 option.

The second-generation D5 five-cylinder diesel option integrated to the estate produces 185 horsepower and 400 pound feet of torque across its range. The D5 features a new electronically controlled turbocharger, engine management system and more advanced multi-point injection technology. The estimated fuel consumption is 6.5 l/100km with CO2 emissions of 173 g/km. The vehicle will be available in a FlexiFuel E85 alternative. The FlexiFuel model uses a four-cylinder naturally aspirated engine that is quite capable of generating 145 units of horsepower.

The new Volvo V70 is an estate version of the second generation Volvo S80, which also incorporates significant Volvo S70 parts. The Volvo V70 shares the same metal sheet with its siblings however it uses Volvo?s new design direction that combines Scandinavian and modern styling. The latter can be reflected in its different bodystyles that include the grille and the front bumper. The dashboard and the majority of the interior of the car are basically the same, nonetheless.

?This segment has been our specialty ever since we invented it back in the 1950s,” said Fredrik Arp, Volvo Cars President and CEO. “Our competitors can count on us remaining number one in the future, too. In the all-new V70, rear passengers and luggage both ride in first class.? Arp added, ?The attitude towards the modern wagon has undergone a significant change. With greater focus on design and comfort, the all-new V70 is both luxurious and practical. It’s not just for families with growing children but also for active people that demand everything of their cars. In fact, we expect that half of all V70 buyers won?t actually be families with children.?

As the estate version of Volvo S80, the Volvo V70 is not really a direct replacement for the previous model. The latest version is designed to compete with the Mercedes-Benz E-Class and the BMW 5-Series estate versions while its predecessors were aimed at the class below.

The use of the Volvo V70 moniker suggests continuity with the automaker?s estate range. The estate is available in as front or all-wheel drive with manual, automatic or Geartronic, semi-automatic gearboxes. Just like its predecessors, there is an all-wheel drive only variant with raised suspension, plastic body cladding and an interior grab handle. This version was famed as the Volvo V70 XC for the older cars, but was later renamed the Volvo XC70.

Also followed from the previous generation was the use of 5 cylinder, 20 valve inline transversely mounted engines. All but the bottom range 2.4 employ turbochargers with either low or high pressure depending on the model.

According to the automaker comfort is a major consideration on the Volvo V70. The seats use the orthopedic design to offer utmost comfort and support. Dual-zone climate control, high end audio equipment with the Dolby Pro Logic and sub-woofers are available on all models.

The Volvo V70 is also equipped with driver, passenger, side and curtain airbags as standard features. Also featured on the front seats is the WHIPS whiplash prevention system. It also features the BLIS blind-spot sensor system that is designed to detect vehicles within its ?blind spot.? As a Volvo vehicle, the V70 use headlamps that are designed to provide extra visibility. The vehicle got five stars in the NHTSA safety testing.

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