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Carmel kicks off concours craziness

Consider the Monterey car week begun! The Carmel-by-the-Sea Concours-on-the-Avenue launched with its best-ever crowd and what many were calling the best-ever show for the free-to-the-public event held every Tuesday before the Pebble Beach Concours on Ocean Avenue in Carmel. Eighteen blocks total were shut to traffic and jammed with collector cars, everything from classic 911s celebrating that car's 50th anniversary to Ferraris, Trans Am racers and a whole block of Shelby Cobras.

Ford reportedly to shut down Mercury

The Mercury brand, rumored to be on the verge of death several times over the past decade, would be shut down under a plan being prepared for Ford Motor Co.'s board of directors, Bloomberg News reported on Thursday. Citing two executives who have knowledge of the plan but asked not to be identified, the news service said the plan would be submitted to Ford's board in July. How quickly Mercury would be shut down depends how quickly the automaker can convince Lincoln Mercury dealers to close or merge with a Ford-brand dealership, the report said.

Volvo to launch new F1-inspired engine range

Volvo has revealed an all-new super-efficient range of engines called DRIVE-E. When launched later this year, the new motors will become some of the most high-tech engines on sale. Uniquely, the new engine range is based around just two basic four-cylinder designs – one direct-injection petrol engine and one common rail turbodiesel.