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Peugeot and Philippe Starck design bicycle for Bordeaux scheme

Peugeot and accomplished designer Philippe Starck, have developed a unique bike for the city of Bordeaux as part of their continuous promotion of cycling in the city. The new concept of bike-scooter, proposed by Starck and adapted for production by Peugeot, will help in the city's ongoing efforts to improve mobility within Bordeaux. In 15 years the number of cyclists has tripled after a number of initiatives came into effect, two examples being limiting traffic and developing the tramway within the city.

New Volvo V40: Strong residual values predicted

New Volvo V40 – Strong residuals Volvo has had good news from the fleet industry with strong residuals forecast for the new 2012 Volvo V40 ahead of first customer cars. We’ve been very impressed with what we’ve seen of the new Volvo V40; it’s a car that is right on the money in its style, its pricing and its range (although we’d like to see something more exciting at the top end). And now, with production of the V40 under way and the first customer cars expected to arrive in the UK in September, Volvo has had very good news from the fleet industry and the people who set residual values for car finance.

Toyoda testimony: As automaker grew, safety suffered

Toyota Motor Corp. president Akio Toyoda plans to tell lawmakers on Wednesday that the company regrettably chased growth at the expense of safety in recent years, and he will announce steps to improve Toyota's handling of customer complaints. Toyoda's written testimony to the House Oversight and Government Reform Committee says the automaker's priorities “became confused.” “We pursued growth over the speed at which we were able to develop our people and our organization,” Toyoda says.