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Germany to tax foreign drivers

GERMANY plans to introduce a car toll that seeks to make money from the millions of foreigners who drive through the country every year, the transport minister said today. Germany has a truck toll but, unlike many European countries, no car toll. Alexander Dobrindt said it wasn't fair that foreign drivers do not contribute to maintaining the roads and that "fairness gap" should be closed.

Ford reaches agreement to sell Volvo to Geely for $1.8 billion

Ford has reached an agreement to sell its Swedish brand Volvo to Chinese carmaker Geely for about $1.8 billion in a multinational sale expected to close in the third quarter of this year. The pending agreement was announced onSunday morning, and Ford will continue to supply powertrains, stamping and other parts to Volvo after the sale. If it closes, the landmark deal delivers the premium Volvo brand--long a benchmark for automotive safety--to a Chinese firm that has ambitious plans for growth.

Kia Picanto

Kia is set to unveil its next generation Picanto city car at the Geneva motor show in March in the next step of its continual range overhaul. As these first images show, the diminutive A-segment hatchback has been totally redesigned to give it what Kia describes as a 'bolder, more mature and more self-confident look'. While the outgoing model's high H-point (and corresponding proportions) remain, its DRG has been brought further in-line with the rest of the Kia range, with Venga-referencing headlamp graphics, a 'tiger-nose' grille and a surprisingly dominant trio of faux air intakes.