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Volvo V40 R-Design (2012) first offical pictures

Volvo has shown off its V40 family hatch resplendent in R-Design trim for the first time. The pack comprises sporty body addenda and wheels, tweaks to the interior and an optional sports chassis. Similar to the M Sport or S-line packages offered by BMW and Audi, R-Design is expected to be specced on 25% of UK-bought V40s.

Ford to add or retain 12,000 jobs, invest $16 billion under UAW pact

Ford Motor Co. said today it will add or retain 12,000 U.S. jobs as part of $16 billion in planned investments under its new labor agreement with the UAW.

MPs call for parking charge reports

COUNCILS should publish annual parking-charge reports to show where revenue comes from and where it is being used, MPs said today. The use of parking charges and fines specifically to raise revenue was "neither acceptable nor legal" said Louise Ellman, chairman of the House of Commons Transport Committee. Launching a report by her committee into local authority parking enforcement in England, Mrs Ellman said: "There is a deep-rooted public perception that parking enforcement is used as a cash cow, so it's essential that local authorities apply stringent transparency." The committee said local authorities in England had a collective parking surplus in the hundreds of millions of pounds, but that the exact amount was subject to debate.