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Volvo V40 Cross Country & V40 R-Design: Paris 2012

Volvo has revealed the V40 Cross Country and V40 R-Design at the 2012 Paris Motor Show, and both are convincing. The sporty take on the new V40 is the V40 R-design, a cosmetic update for the already good-looking V40 that manages to bolt on go-faster bits without wrecking the good lines of the normal V40. We would like to have seen the Volvo V40 R-Design get the sports suspension as standard, but Volvo obviously feel that most R-Design buyers want the looks rather than the more dynamic ride the sports suspension offers, so it stays as an option. And as the R-Design option is available across the new V40 range – from the D2 to the T4 – it’s probably the right decision.

Chrysler says it needs another $2 billion in aid

In submitting its viability plan to the federal government on Tuesday, Chrysler asked for an additional $2 billion beyond the $7 billion in loans it sought late last year and outlined further steps to cut costs. Chrysler said it will reduce fixed costs by an additional $700 million, cut 100,000 more units of production capacity, discontinue three more model lines and sell $300 million more in assets.

Audi A7 Sportback to break cover on July 26

The Audi A7 Sportback will be revealed on July 26 in Munich, Audi confirmed on Tuesday. This is the sleek, much-anticipated sedan with a couplelike vibe set to arrive for the 2012 model year. The car was previewed by the Audi Sportback concept in 2009.