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Volvo V60 Plug-in Hybrid (2013) will cost £50k

Volvo V60 Plug-in Hybrid will cost £50k The Volvo V60 Plug-in Hybrid will start production in 2012 with 1,000 cars, each likely to cost around £50,000. We really like the Volvo V60, and despite our general antipathy towards hybrid platforms – particularly in smaller cars – we also really like the idea of the Volvo V60 Plug-in Hybrid. With its 4WD – thanks to something Volvo call ERAD (Electric Rear Axle Drive) – and 2.4 litre diesel working with an electric motor producing 70 horses, the V60 plug-in can offer the best of both worlds – economy and performance – albeit at a price.

MINI Paceman arrives

The MINI Paceman Concept - a MINI Countryman Coupe   It’s been at least a week since MINI announced a new model or limited edition. And there’s still a pair of MINIs waiting in the wings to be launched – the MINI Roadster and MINI Coupe. But that hasn’t stopped MINI coming up with yet another MINI – the MINI Paceman – which will debut at the Detroit Motor Show.

U.S. will honor clunker rebates until Senate acts, DOT chief says

The Obama administration will fund the cash for clunkers program until the Senate decides whether to add $2 billion to the original $1 billion fund that is likely to be depleted this weekend, U.S. Transportation Secretary Ray LaHood said today. He said the administration would honor dealer rebate applications filed at least through Tuesday, Aug.