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Now the Germans say no to Volvo

As we’ve reported in the last few weeks, Ford has been trying its best to offload Volvo, the last of its ‘Prestige’ Euro marques. The Chinese looked to be the best bet, but it seems that that is going nowhere at the moment (the Chinese are probably waiting for Ford to get in to an even deeper mess with the hope of picking up Volvo for peanuts) and now its seems that Ford’s fire-sale has drawn more blanks. Now the Germans turn down the chance to own Volvo Der Spiegel reports that Daimler (Mercedes-Benz) boss Dieter Zetsche has revealed that Daimler has turned down the chance to buy Volvo, and has also revealed that BMW has had a good look, and reached the same decision.

Cadillac issues XTS recall over fire risk

Cadillac is recalling approximately 63,900 XTS sedans over an issue with the brake booster pump. The company believes that the brake booster pump can create positive pressure inside the wiring harness which is attached to the pump relay, and this pressure can dislodge a cavity plug in the relay and allow corrosive elements to enter the connector, creating a resistive short. Cadillac believes that this could lead to overheating and melting of plastic components, and may cause a fire in the engine compartment.

Peugeot 308 is European Car of the Year: Geneva Motor Show

Peugeot 308 is European Car of the Year The Geneva Motor Show also means the announcement of the European Car of the Year for 2014, and the gong for this year has gone to the new Peugeot 308. It took a jury of 58 journalists from 22 European countries to decide the new 308 offers such an appealing package it is a more impressive car than any of the seven finalists left in its wake. It’s a very mainstream choice from the jury, some would say a surprise too, and will no doubt please Peugeot to have their fourth COTY title after the 307 (2002), 405 (1988) and 504 (1969) were previous winners.