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Volvo sets prices for 2010 models

Volvo Cars of North America has set prices on its 2010 models. On Monday, the automaker released a pricing list that ranges from an S80 V8 AWD A for $51,800 to a C30 T5 manual for $24,950, including the $850 shipping charge. Volvo has also set the price for its newest version of the XC60.

U.S. is seeking a record $16.4 million fine against Toyota

The National Highway Traffic Safety Administration is seeking a historic $16.4 million civil penalty against Toyota for failing to notify the agency in a timely fashion of a throttle problem that could cause unintended acceleration, Transportation Secretary Ray LaHood said on Monday. The amount is the maximum penalty and would be the most NHTSA has levied against an automaker. The agency said Toyota waited at least four months to alert it of the potential pedal problem.

Exclusive: Anthony Lo to become VP of Exterior Design at Renault

In another exclusive, Car Design News has obtained information regarding Anthony Lo's most recent career move. According to our industry contacts, Lo resigned as Director of Advanced Design at General Motors Europe, handing in his papers yesterday morning. He is now set to become Vice President of Exterior Design at Renault, working under recently appointed Design Director Laurens van den Acker.