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Holden Calais unveiled, previews Chevrolet SS

General Motors' Australian subsidiary, Holden, has revealed its new VF series Calais -- the rear-wheel-drive sedan that in top-of-the-line, V8-powered, left-hand-drive form -- will be exported to North America and sold as the Chevrolet SS. The new Calais sits at the top of what Holden describes as an “extensively upgraded Commodore” range, with right-hand-drive Australian sales set to get underway in June. The Holden Commodore and its more luxurious Calais derivative have underpinned General Motors' sales in Australia since its introduction in 1978.

New Volvo V40: Strong residual values predicted

New Volvo V40 – Strong residuals Volvo has had good news from the fleet industry with strong residuals forecast for the new 2012 Volvo V40 ahead of first customer cars. We’ve been very impressed with what we’ve seen of the new Volvo V40; it’s a car that is right on the money in its style, its pricing and its range (although we’d like to see something more exciting at the top end). And now, with production of the V40 under way and the first customer cars expected to arrive in the UK in September, Volvo has had very good news from the fleet industry and the people who set residual values for car finance.

Europe inches towards CO2 deal

By Tim Pollard Motor Industry 24 November 2008 17:29 The European Union is close to agreement on a radically lower CO2 limit to apply to all new cars, diplomats indicated today. The EU’s 27 governments are set to agree a Europe-wide limit of 130g/km as a new-car average by 2015, according to sources in Brussels. The deal is likely to start from 2012, with full compliance three years later.