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Volvo designer Peter Horbury moves to China's Geely Group

Volvo Car Corp. styling chief Peter Horbury is moving to the Swedish automaker's sister brand, Geely Group, as senior vice president design. A decision on who will succeed Horbury as Volvo head of design has not been made.

Aston Martin V12 Vantage roadster to start at $233,340

Aston Martin dropped the details of its UK-onlyV12 Vantage roadster on Tuesday, and the news is good. The new convertible will boast 509 hp and 420 lb-ft of torque from Aston's signature 6.0-liter engine. The roadster shares many of the technical features and specifications from the hardtop version, though some elements had to be changed to accommodate the folding soft top.

2013 Australian Motor Show axed

This year’s Australian Motor Show in Melbourne has been cancelled by its organizers three months before its planned opening. Falling attendance figures played a big part in taking the decision, as did what is seen as a lack of manufacturer support. The Australian International Motor Show Joint Venture's event director Russ Tyrie said the decision was taken "based on a consensus view of the automotive industry to focus limited marketing budgets in 2013 on firm-specific activities, rather than an industry-based motor show." The Volkswagen Group's decision not to attend may well have acted as the final nail in the coffin along with Hyundai's hesitancy despite initial support.