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New Volvo Concept at Geneva Motor Show. But what is it?

The Volvo XC Coupe Concept (left) and Coupe Concept will be joined by a third concept at Geneva Now Volvo has its new Scalable Product Architecture (SPA), and its new Drive-E engine range, heading for production they’ve been planning three new concepts to show off the possibilities the new architecture and engines promise. The first of those was the very appealing Volvo Concept Coupe which debuted at the Frankfurt Motor Show last year as a 21st century take on the classic Volvo P1800. With stunning looks, a new nose evolved from the earlier Concept You, floating grill and slim headlights, the Concept Coupe also came with a 4WD drivetrain powered by a 2.0 litre petrol and an electric motor for an output of 395bhp.

Fiesta sticker will start at $13,995

The 2011 Ford Fiesta will carry a base price of $13,995 including shipping for the four-door sedan when it goes on sale next summer. The base five-door Fiesta will sticker for $15,795. The Fiesta, Ford's newest nameplate, is slightly smaller than the Focus.

Saab owner and Chinese investors continue talks regarding takeover deal

Talks between Saab's owner Swedish Automobile and two Chinese investors on a takeover deal to rescue the ailing carmaker will continue even though a memorandum of understanding signed by the parties only runs until Tuesday, Saab said. "They (the parties) are still in discussions about the structure of the deal going forward and they are continuing their cooperation as if the memorandum of understanding continues," Gunilla Gustavs, a Saab spokeswoman, told Automotive News Europe. The Chinese companies, Pang Da Automobile Trade Co.