Volvo XC70 pricing announced (U.S)

The redesigned 2008 Volvo XC70 will be priced at $37,520, including a $745 destination charge, when it arrives in U.S. showrooms on October 1, the company said.

The 2007 Volvo XC70 2.5 T started at $37,115, including a $695 destination charge.The 2008 model gets several improvements, most notably its first six-cylinder engine, a 3.2-liter inline-6 that is found in the Volvo S80 and makes 235 horsepower at 6,200 rpm and 236 pound-feet of torque at 3,200 rpm. That is 27 more horses than the outgoing turbocharged inline-5. The new engine is linked to a six-speed automatic transmission.

Other highlights include first-time standard Hill Descent Control and new dual height-adjustable booster cushions for kids, a feature that Volvo is describing as a "world first".

Volvo says the U.S. is the largest market for the XC70, with about half the projected annual production of 38,000 coming to North America.