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Volvo will market entry-level car to rival VW Golf

Volvo plans to offer a Volkswagen Golf competitor as part of a plan to expand the automaker's product line. Speaking in London last week, new Volvo CEO Stefan Jacoby said the next generation of the entry-level Volvo “will be a derivation of the C30, a Golf competitor,” according to the Web site www.autocar.co.uk. He also said Volvo's brand positioning would shift toward “functionality and Scandinavian elegance” and away from sportiness, according to the Web site.

Toyota announces prices of the Prius V and Prius Plug-in hybrid

Toyota announced pricing of the new Prius V and Prius Plug-in on Friday. The new compact V wagon will carry an MSRP of $27,160, while the plug-in hybrid stickers at $32,760. Both include $760 in destination and handling, but only the plug-in is expected to qualify for the $2,500 government tax credit.

Nissan Extrem concept

Nissan has unveiled its Extrem concept at the Sao Paolo motor show, a two-door 2+2 crossover that previews future Nissan design cues. The Extrem concept was designed at Nissan Design Center (NDA) in San Diego, California, in collaboration with Brazilian designers but much of the creative time was spent in Sao Paolo. "We call it Baby Beast," said Robert Bauer, Senior Design Manager for the project at NDA.