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Swedish raincoat company teases Volvo Concept Estate
Fri, 21 Feb 2014Volvo has brought the station wagon back to America; one small slice of the automotive continuum has been set to right. But the new V60 is a rather slinky, sporty thing, far removed from the box-plus-box-equals-box machines of the wagon's Stateside heyday. If this glimpse of the Swedish brand's new Concept Estate is any indication, do not expect a reversion to angularity when the next generation of cars arrives.
China's Pang Da, Youngman agree to buy Saab
Fri, 28 Oct 2011Chinese firms Pang Da Automobile Trade Co. and Zhejiang Youngman Lotus Automobile Co. have agreed to buy Saab for $142 million (100 million euros).
Subaru's boxer engine gets biggest overhaul since 1989
Fri, 24 Sep 2010Subaru said its next-generation, horizontally opposed engine will debut this year in the Forester and deliver a 10 percent boost in fuel economy. The four-cylinder engine, which will come in displacements of either 2.0 or 2.5 liters, is the first major overhaul of the brand's signature boxer power plant in 21 years, Subaru's Japanese parent company Fuji Heavy Industries Ltd. said.