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Geely president Li Shufu admits disputes with Volvo managers

Three months after becoming the new owner of the Swedish car brand Volvo, Zhejiang Geely Holding Group Co. President Li Shufu said he disagrees with Volvo's management about its product plans. Speaking last week at a forum hosted by the Chinese Web site of the Financial Times in Shanghai, Li said that Volvo should develop large cars for China.

Nissan GT-R Nismo confirmed as Nissan opens new Nismo HQ

Nissan has opened a new Nismo HQ in Yokohama and confirmed that there will be a Nissan GT-R Nismo flagship performance car built. So far, we’ve had the Nissan Juke Nismo arrive and the Nissan 370Z Nismo turned up recently too as a production model for the UK and Europe – and we’ve even had a concept of a LEAF Nismo – so we know Nissan are serious about offering Nismo versions even on their least sporty models. But the one car that really doesn’t need a Nismo version is the GT-R, yet to have a range of performance cars under the Nismo banner without having the mighty GT-R at the top of that range would seem odd.

Ken Block rolls out Ford Fiesta hybrid race car

Driver and rally racer Ken Block introduced his latest vehicular weapon on Monday. The Hybrid Function Hoon Vehicle (HFHV) is not a hybrid in the traditional gas/electric sense, but instead is able to transform itself to compete in various race disciplines. The HFHV Fiesta will compete in three distinct disciplines--stage rally, rallycross and gymkhana events.