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Mercedes-Benz reveals new V-class

Mercedes-Benz has returned to the luxury MPV ranks with a resurrection of the V-class – the commercial vehicle based multiseat van first introduced to the German car maker’s lineup in 1996. Positioned as an upmarket rival to the likes of the popular Volkswagen Multivan, the new V-class was conceived and developed in a joint-engineering program with the third-generation Vito, which it will be produced with at Mercedes-Benz’s Vitoria factory in Spain. Set to go on sale in Europe shortly after its public debut at the Geneva auto show in early March, the V-class is being considered for sale in the U.S.

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 onSunday 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.

CAR interviews McLaren Group CEO Ron Dennis (2014)

By Gavin Green Motor Industry 17 June 2014 09:44 It seems 903bhp may not be enough. Ron Dennis – back in charge of McLaren Group as CEO after two years of hands-off frustration – confides that some owners of the P1 hypercar are demanding ‘something a bit more edgy’. Perhaps there’ll be a second chapter in the P1 story; 375 hand-built cars have already sold out to wealthy enthusiasts.