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Alfa again delays U.S. return as European debt crisis deepens

Alfa Romeo has delayed the U.S. introduction of several key models by at least another year and has canceled plans to build a mid-sized SUV at Chrysler Group's factory in Toledo, Ohio. Alfa Romeo CEO Harald Wester, in a presentation to financial analysts in Frankfurt on Wednesday in connection with the Frankfurt auto show, said Alfa Romeo was scaling back its global expansion plans.

Volvo V60 Polestar teased again (probably)

Volvo V60 Polestar teased again Last week we had a teaser video from Volvo of what we think is probably a proper performance version in the guise of the Volvo V60 Polestar. Now, ahead of a reveal that seems to be scheduled for Tuesday (23 rd November), Volvo and Polestar are back at the tease game with a couple of new images which still leave a bit of ambiguity, but which do seem to be pointing to a V60 Polestar. The front end of the Polestar tease (above) does seem to show a butch front end for the V60, and the interior shot shows the flappy paddles and steering wheel from the interior.

2014 Chevrolet Volt gets a $5,000 price cut

General Motors is cutting the Chevrolet Volt's price by $5,000 amid price pressure from rival electrified vehicles. The sticker price on the 2014 Volt, which will arrive at dealerships this month, will be $34,995, including an $810 destination fee. That drops the effective price to $27,495, after applying the $7,500 federal tax credit for the plug-in hybrid.