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Volvo C30 Battery Electric Vehicle (BEV) revealed

The Volvo C30 BEV Revealed is probably a bit strong as Volvo hasn’t actually rolled out a car for the world to see. But it is a plan – and internal evaluation, apparantly – of an electric Volvo C30. The Volvo C30 BEV is a logical step for Volvo to take for the small C30.

News watch February 2012: today's auto industry news

Welcome to CAR Magazine's news aggregator as we round up the daily stories in the auto industry. Top tip: news summaries are added from the top hour-by-hour Wednesday 29 February 2012• Following on from yesterday's news of a cross-holding between PSA and GM, it now appears that Peugeot Citroen would offer a €1bn rights issue to create cash and strip back jobs as part of its proposed alliance with GM (Automotive News Europe)  • The Bloomberg Riskless Return Ranking, a survey of investor performance, suggests that Kia has outperformed all 22 other car makers with a risk-adjusted return of 9.2% in the past five years. Second highest was Hyundai, whose shares rose 4.8% in the same period (Bloomberg)• Fisker has a new chief executive officer, as founder Henrik Fisker moves to executive chairman. The new boss is Tom LaSorda, the former top man at Chrysler pre-bankruptcy (Fisker)Tuesday 28 February 2012• General Motors is in talks to buy a 5% to 7% stake in PSA Peugeot Citroen, according to reports by news agencies Bloomberg and Reuters.

BMW ConnectedDrive concept

BMW will show the all-new ConnectedDrive concept at the forthcoming Geneva motor show. A pure design study, the concept is said to explore the possibilities of interconnectivity and 'revolutionize driving in terms of comfort, infotainment and safety'. Though the teaser video to the left leaves many questions unanswered, the company is claiming it is 'setting the course for the future'.