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2014 Volvo XC90 on track as part of £3.5 billion investment in Sweden

Volvo are investing £7 billion in their future – half of that in Sweden – and the first model to benefit will be the long overdue 2014 Volvo XC90. Just like all of Ford’s premium automotive adventures - Land Rover, Jaguar and Aston Martin included – Volvo has suffered from a long period of under investment but now – with China’s Geely in charge – they’re forging ahead with big investment and big plans to try and emulate the turnaround Tata has accomplished at JLR. That means an investment of £7 billion over the next three years – £3.5 billion of that in Sweden – in a new scalable architecture (SPA) platform and new Volvo engine architecture (VEA) to underpin most of Volvo’s future models.

Chevrolet Code 130R

The Chevrolet Code 130R Concept is one of a pair of concept cars designed as a direct result of feedback from Millennials – a demographic which car companies are desperate to engage with the automobile. The Code 130R is a four-seat coupe with a classically European proportion and size and more than a passing resemblance to the BMW 1 Series coupe. The car's muscular fenders, short front overhang and power-bulged hood provide reference to the classic muscle car era that engaged the youth of the 1960s and '70s.

Honda Insight goes for $1,560 less with new base model

Honda slashed $1,560 from the base price of its Insight hybrid for the 2011 model year, creating a new entry-level trim that carries a sticker price of $18,950, including destination charges. The move gives the Insight a pricing edge of about $4,610 over the Toyota Prius. The Insight LX was the base model for the 2010 model year, and its price started at $20,510.