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GM begins clearance sale for Hummer
Wed, 07 Apr 2010General Motors is shutting down the Hummer brand for good, taking the last of its four discarded U.S. brands off the market. GM had said it would consider offers to buy Hummer after a deal to sell the brand to Sichuan Tengzhong Heavy Industrial Machinery failed to receive Chinese government approval in February.
Volvo V60 Plug-in Hybrid (2012): first details
Fri, 28 Jan 2011Volvo will unveil its new V60 Plug-in Hybrid at the 2011 Geneva motor show in March. The new Volvo V60 Plug-in Hybrid is described as 'virtually production-ready' and will be built and sold by the Swedish car company from 2012. Driving the front wheels through a six-speed automatic is an upgraded version of Volvo's 2.4-litre five-cylinder D5 engine: power and torque goes up from 202bhp and 309lb ft to 213bhp and 325lb ft.
Scion considers moving upscale
Mon, 01 Apr 2013Toyota's struggling Scion brand may move upscale to challenge entry-level luxury models coming from European automakers. The new lower-luxury niche includes Mini, the front-wheel-drive Mercedes-Benz CLA arriving this fall and Audi's compact A3 sedan shown last week on the eve of the New York auto show. Scion has gone after young entry-level buyers since its inception 10 years ago but has lost its early momentum.