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Volvo You concept is the shape of things to come

The sleek Volvo concept unveiled at the Frankfurt auto show is headed to production, said Volvo Chairman Li Shufu. "The board has approved production of the concept, known as You, but the timetable has to be finalized,'' Li said during an interview at the Frankfurt auto show. He said it will be "somewhere around 2015." It's part of the plan by Chinese owner Zhejiang Geely to move the Volvo brand upscale.

Aston Martin to use Mercedes AMG V8 engines (2013)

It’s a new era for Aston Martin: the Gaydon brand has announced today (25 July 2013) that it’s in the early stages of a deal with Mercedes’ in-house tuners AMG, which will allow it to use Mercedes-honed engine and electronics technology. Has Aston Martin sold its soul to the Germans? Not quite – Daimler AG is set to take only a 5% share stake in Aston Martin, sitting alongside majority shareholders Investment Dar and Investindustrial.

Electric cars amped up with £500 million boost

THE GOVERNMENT is to extend the £5,000 grant scheme open to anyone who buys a car with plug-in electric power. It is part of a £500 million move to encourage car owners – and city authorities – to take up the electric car baton and run with it. The initiative will give cities a chance to win government funding to further the sales of electric cars in their areas, for example by allowing them to use bus lanes or park for free.