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Volvo’s new VEA family of four-cylinder engines starts production

As a result, Volvo has been planning a new range of four-cylinder engines to power their range in the future – the new Volvo Engine Architecture (VEA) – and has spent the last couple of years readying their design – and their facility in Skövde – to start production. And now it’s underway. Together with Volvo’s Scalable Product Architecture (SPA) the new VEA engines will be a core part of every new Volvo before too long, and will replace the five and six cylinder engines Volvo currently uses and will provide more power than current six-cylinder engines with economy and emissions better than current four-cylinder engines.

Pininfarina takeover would boost Magna expertise in key areas

Magna International Inc. would become a stronger competitor for design and development jobs if it takes over struggling car styling and engineering firm Pininfarina S.p.A., executives say. “Magna badly needs design competence, and Pininfarina has top staff,” said Paolo Tumminelli, CEO of Goodbrands GmbH, a brand and marketing consultancy based in Cologne, Germany.

Many enthusiast rides post strong sales in 2010

The fast and the luxurious models from a wide range of carmakers sold briskly in 2010, offering heart to enthusiasts that their favorite drives have bright outlooks and that the auto business is on the rebound. Let's start with the muscle cars: As predicted in December, Chevrolet's Camaro sales topped the Ford Mustang's numbers for the first time in 25 years. In the Camaro's first full year since production ended after the 2002 model year, Chevy rung up 81,299 Camaro sales, beating Mustang by 7,583 cars.