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Volvo S80 Executive & V70 R-Design launched

The Volvo V70 gets a bit of added butch with the launch of the V70 R-Design The last news we had from Volvo was that the S60 & XC60 R-Design were going to get more get up and go. Sadly, the extra oomph was reserved for the US. Today’s news, however, applies to Volvos on both sides of the Pond, with a new top-end S80 being revealed – the Volvo S80 Executive – and a butch take on the V70 – the Volvo V70 R-Design.

Ferrari 250 GTO #3851 GT disappoints at $38 million

The Ferrari 250 GTO #3851 GT makes ‘just’ $38 million Last month, we reported that a Ferrari 250 GTO was due to hit the auction room at Bonhams Quail Lodge sale and was expected to hit a massive record price, with estimates ranging from $60-100 million. On that basis, the sale was a complete failure. In fact, the 250 GTO – previously owned by Fabrizio Violati – managed to reach a relatively paltry $38.1 million (£22.8 million), with the actual price (before buyers premium) ‘just’ $34.6 million (£20.7 million).

Nissan to revive Datsun brand for emerging markets, report says

The Datsun nameplate may soon be revived by Nissan Motor Co. as a low-cost sub-brand for emerging markets such as Russia and India. The Japanese carmaker plans to relaunch Datsun in 2014 and initially start selling the cars in Russia, India and Indonesia, Japan's Nikkei business daily reported.