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Volvo S60 sedan shown at the Detroit auto show

Showing a new direction inspired by Scandinavian design, Volvo displayed a concept vehicle at the Detroit Auto Show that previews the new S60 sedan, due in 18 months. The car has a new face--with angled headlamps, a coupe roofline and no B-pillar--and an interior with the "environment of a modern Scandinavian living room," said Steve Mattin, Volvo senior vice president of design. The car's more emotional look is part of a longer-term strategy to give Volvo a more exciting image in the United States through changes in product design and marketing, said Stephen Odell, CEO of Volvo Car Corp.

Ford increases UK Car Prices

Ford is to increase UK Car prices by an average of 3.75% as a result of the weak pound You can’t blame Ford – it has to make a living, and things are tough enough for car makers at the moment without suffering at the hands of unstable currencies. Ford reckons that the movement in the Pound against the Euro in the last yaer or so has cost it nine figures on its UK income. Big money, no question.

Designer Tom Matano part of start-up car company in Louisiana

A new auto company backed by Texas billionaire investor T. Boone Pickens and staffed by former Mazda design chief Tom Matano plans to build "environmentally friendly" vehicles in Louisiana. V-Vehicle Co., of San Diego, will bring about 1,400 workers to a Monroe plant that once belonged to General Motors, according to a statement Wednesday from the Louisiana Economic Development Web site.