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Volvo V60 Polestar production now underway

The Volvo V60 Polestar is now rolling off Volvo’s production line Last month Volvo revealed that the V60 Polestar would be a limited edition run of just 750 cars for the world, but that 125 of those will be heading for the UK – the largest market allocation of any country – and will cost £49,775. And now, seven months after Volvo confirmed the V60 Polestar for production, the first cars are heading off the production line at Volvo’s plant in Torslanda and heading off to their new owners. Although not as powerful as we’d expected, the V60 Polestar still offers an appealing performance package, with 345 bhp and 369lb/ft of torque delivering 0-62mph in an impressive 6.0 seconds.

Saab files for reorganization, seeks $1 billion to survive

Saab is seeking $1 billion (793 million euros) to be self-financing, the company said on Friday after it filed for reorganization under a self-managed Swedish court process. The General Motors-owned Swedish brand said it will work "to create an independent business entity" and will concentrate production, design and engineering in Sweden. Saab said it would continue to operate as normal during the reorganization process, with GM and the Swedish government providing some support.

Maserati’s 50,000 sales target starting to look possible

22,500 sales so far in 2013 from Maserati, thanks to cars like the Ghibli (pictured) When Sergio Marchionne revealed in 2011 that he wanted Maserati sales to hit 50,000 a year by 2015, we were all very sceptical. After all, Maserati were only managing fewer than 6,000 sales a year at that time, so a target of 50,000 a year seemed mad. But it’s starting to look a distinct possibility.