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McLaren's latest P12 teaser video

McLaren has followed up its announcement that its Paris-bound P12 hypercar, teased with an image last week, by releasing a video that suggests the shape and aerodynamics we can expect from the car. The video shows a series of lights passing over an invisible object – the P12 – and using the lightshow it is possible to imagine the general shape of the car, without any detail of course. If the P12's unveiling is anything like the light show in the video, it should be a fantastic experience in Paris.

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.

Ford names China's Geely as preferred bidder for Volvo

Chinese automaker Geely Group Holding Co. is Ford Motor Co.'s preferred bidder to purchase Volvo Car Corp. Ford said Wednesday that it will start more detailed negotiations with Geely, adding that no final decisions have been made.