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Ford puts Volvo up for sale

Having spent most of the last twenty years carefully building up a portfolio of Prestige European car makers, including Jaguar, Land Rover, Aston Martin and Volvo, the last of these, Volvo, has now been put up for sale by Ford. This hardly comes as a surprise when you see the precarious state of Ford. It’s busy going cap-in-hand to the US government looking for a bail out, and selling off Volvo could add several hundred million pounds to its decimated balance sheet.

Citroën DS Numéro 9 set to woo new Chinese bourgeoisie [w/video]

The Citroën DS Numéro 9, which will make its debut at the Beijing auto show, marks a return of luxury French motoring – a segment the nation has shied away from in recent years. This follows the poor sales of cars such as the Renault Vel Satis, Peugeot 607 and Citroën's own C6 beyond the handful of examples commandeered to whisk French politicians between Parisian Arrondissements. However while the desire for Gallic limos has all but died in their traditional heartlands, the demand for European luxe amongst the growing Chinese bourgeoisie – be it fashion, wine or cars – offers a new lifeline to the French curios we all love other people to own.

Hyundai Veloster Turbo gets cheaper

Hyundai are set to launch an additional model of the Velsoter Turbo to sit below the Turbo SE for around £2 less. With the regular Hyundai Veloster starting at £18k and the Velsoter Turbo at £22k, Hyundai has worked out there’s a middle ground price point – can you guess what it is? So to fill that gap (yes, it’s a £20k entry point) Hyundai are to launch the bog-standard Veloster Turbo (without the SE badge) which will lose some of the equipment but, as far as we can see, keep the butch cosmetic bits on the exterior.