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Volvo C70 Inscription to debut at L.A. Motor Show

Volvo C70 Inscription We know that the Volvo C70 – Volvo’s four-seat, tin-top convertible – is not long for this world, so perhaps the news that there’s to be a limited edition C70 – the C70 Inscription – bowing in at the LA Motor Show is the C70′s swansong. Volvo are keen to point out that the C70 was the world’s first four seat convertible with a three piece folding metal roof as standard, which made the C70 a proper all year round convertible; open-topped motoring when the weather permits, and all the joys of a coupe when the skies darken. The C70 Inscription is to be limited to just 2,000 cars worldwide, and you can grab one of those coming to the UK from £33,855 for the D3 SE Inscription.

Roush unveils new versions of high-performance Mustangs

Roush is synonymous with go-fast Mustangs, and on Wednesday, the company unveiled its latest--and potentially greatest--steeds, based on the 2010 Ford Mustang. Roush will offer three versions at launch, topped by the 435-hp 427R Mustang. Prices will range from $34,847 for the Stage 1 model to a starting price of $43,051 for the 427R.

Karmann files for insolvency

Karmann, the century-old German coachbuilder synonymous with cabrios and the famous 1950s Karmann Ghia, has filed for insolvency. The company made the move Wednesday in Germany in response to a dramatic decline in revenue, an inability to pay for its massive layoff plan and the worldwide economic crisis. The North American operations, which make convertible tops for Detroit car companies and Volkswagen, are not affected, a spokesman said.