The Swedes (who are now more dangerous than ze Germans) over at Auto Motor Sport Sweden have it on some authority that Volvo's XC90 is going to get the axe, despite a planned facelift in 2009. They claim the decision is due to the increased cost needed to keep weight down, absence of new engines/transmissions and the lack of hybrid technology.
The XC90 should run its course by 2012 as it gets usurped by the XC60, a possible XC50 and maybe even an XC30. Of course, this all could get switched around if Ford finds an appropriate platform to build a newer XC90 on. [Auto Motor Sport Sweden via World Car Fans]