VOLVO has confirmed prices and specification for its new high performance R models and increased prices of XC90 models by up to £1,000.

The 300bhp all-wheel drive S60 R, expected in showrooms in June, is priced at £34,145 on-the-road for the six-speed manual with automatic transmission a £1,250 option.

Standard equipment includes bi-xenon headlights, a choice of 17-inch or 18-inch alloy wheels, electronically-adjustable suspension settings, leather seats, premium audio system with a four-CD autochanger and electronic climate control.

The V70 R is priced at £37,660 on-the-road for the six-speed manual with specification reflecting the S60 R. Combined fuel consumption is 25.9mpg for the V70 R manual and 26.4mpg for the S60 R, with Geartronic auto versions achieving slightly lower readings. Carbon dioxide emissions exceed the current upper limit of 255g/km, putting the cars in the 35% bracket for company car tax.

Meanwhile, XC90 D5 diesel models have been increased in price by £750 while T6 petrol versions have gone up by £1,000. All orders placed before April 2 are unaffected by the increase, while Volvo and its suppliers have taken on additional workers to increase production.