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Renault Twin’Run gets 316bhp & pays homage to the Renault 5 Turbo

The Twin’Run is an extreme version of the next Twingo and manages to pay homage to the old Renault 5, with a thumping great V6 bolted in the middle and pumping out 316bhp and 280lb/ft of torque, enough to get to 62mph in 4.5 seconds and on to 155mph. The Nissan-sourced V6 gets mated to a SADEV six-speed sequential gearbox and comes with a limited slip diff to stop the tyres burning off when the going gets brisk. As well as endowing the Twin’Run with lots of power, Renault has also kept weight down to 950kg by using a tubular chassis, glass-polyester composite for the bodywork, lumps of carbon fibre and not a hugely laden interior.

Ford reaches agreement to sell Volvo to Geely for $1.8 billion

Ford has reached an agreement to sell its Swedish brand Volvo to Chinese carmaker Geely for about $1.8 billion in a multinational sale expected to close in the third quarter of this year. The pending agreement was announced on Sunday morning, and Ford will continue to supply powertrains, stamping and other parts to Volvo after the sale. If it closes, the landmark deal delivers the premium Volvo brand--long a benchmark for automotive safety--to a Chinese firm that has ambitious plans for growth.

Subaru Advanced Tourer concept

The 2011 Tokyo motor show will see Subaru reveal a second concept alongside the hotly anticipated BRZ sports coupe. The Advanced Tourer Concept appears to be an evolution of the 2009 Hybrid Tourer Concept. The gullwing festooned body of the previous concept has been dropped in favor of a five-door station wagon.