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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.

Tesla loses $38 million in third quarter

Tesla Motors, Inc. posted a net loss of $38 million on $431 million in revenue during the third quarter -- a steeper loss on slightly higher revenue than in the second quarter. In the third quarter of 2012, when Tesla was just starting production of the Model S, the automaker lost $111 million on $50 million in revenue.

New Mazda3 i-stop announced

The Mazda3 i-stop has been released utilising a new type of stop-start technology We won’t go on about our review of the new Mazda 3 as you’ve heard it all before, but it is a very good car. And the addition of a model with stop-start certainly adds something new to the range, particularly for buyers who drive most of the time in town. Mazda label this as part of their ‘Sustainable Zoom-Zoom’ strategy.