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Volvo's latest generation of diesel engines could be its last because the cost of reducing emissions of nitrogen oxide is becoming too expensive, CEO Hakan Samuelsson was quoted as saying on Wednesday.

"From today's perspective, we will not develop any more new generation diesel engines," Samuelsson told German newspaper Frankfurter Allgemeine Zeitung in an interview.

However, a Volvo spokesman said on Wednesday that Samuelsson had been discussing options rather than a firm plan to stop the further development of diesel engines.



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Volvo Claims This Will Be The LAST Generation Of Diesel Engines

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