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Urban gridlock costs economy £4.4bn

GRIDLOCK in urban areas is costing car-commuting households £4.4 billion a year, according to a report. Congestion in London accounts for £2 billion of the overall annual cost, the report by traffic information company Inrix and the Centre for Economics and Business Research (Cebr) showed. The report was compiled by studying congestion in the UK's 18 largest urban areas.

Smart to sell Nissan-built car in U.S. in 2011

The U.S. distributor of Smart cars says it has a tentative deal with Nissan to sell a small, five-door car built by the Japanese automaker under the Smart brand, beginning in late 2011. Smart USA Distributor LLC, which is owned by Roger Penske's Penske Automotive Group, said the car would be powered by a gasoline engine and fit the B-segment size class.

Volvo announces engines for upcoming V60 Sportswagon

Volvo has been listening to its American admirers. That's why next year we're going to get the fastest and most powerful wagon in Volvo history. Yes, it sounds like a good chunk of Volvo's U.S.