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Volvo outlines strategy for U.S. revival

Volvo Cars is rolling out a broad strategy aimed at reviving the brand in the United States after a decade of shrinking demand while nearly doubling sales globally. The plan, shared with U.S. dealers on Tuesday, includes new powertrains, new vehicles, more leasing and fresh marketing under a new, global ad agency.

Honda expands recall on airbag inflator

Honda has expanded a previously announced recall for airbag problems of certain 2001 through 2003 model year Honda and Acura vehicles. The recall now includes vehicles that may have had the original driver's airbag module replaced with a service part. The replacement airbag inflators could deploy with too much pressure, causing the airbag to rip, resulting in injury or death, according to Honda.

Classic car prices on the up: Jaguar D-type sells for £3 million

Classic car prices seem to be ever-rising, with historic models becoming an investment to rival buying property or gambling on the stock market. The inaugural RM Auctions Paris sale this week was a case in point, and resulted in nearly £15 million’s worth of the world’s rarest and most exotic cars going under the hammer. Four cars alone went for in excess of £1 million, and a Jaguar D-type sold for three times that amount.