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Volvo V70 (2007): unveiled

By James Mullan First Official Pictures 02 February 2007 09:09 New Volvo V70: the lowdown Today heralds the launch of a new Volvo of the sort that’s shaped the world’s view of the Swedish company: a large, luxury estate. The new V70 is more practical, roomier and – surprise, surprise – faster than its predecessor. Volvo has attempted to spice up its oh-so-sensible estate by installing the T6 six-cylinder 285bhp 3.0-litre turbo.

Ford posts record first-quarter profits

Ford Motor Co. said first-quarter net income increased 15 percent from a year earlier to $1.61 billion, as rising U.S. auto sales pushed North American profits to a record, offsetting deeper losses in Europe.

Kia GT and Provo look to be heading in to production

The recent Kia Provo Concept and the impressive Kia GT look like they’re heading in to production as Kia move upmarket. Equally, the stunning Kia GT concept we saw at 2 years ago at Frankfurt  - a swoopy coupe Kia take on the Mercedes CLS – was equally convincing, although we’d begun to think Kia had gone cold on the idea of putting the Kia GT in to production. But Auto Express are reporting that both the Provo (with a change of name ) and the GT are close to being signed off for production after a conversation with Benny Oeyen, Kia’s marketing boss in Europe.