Auto News 5

Three interested parties may place indicative bids for Ford Motor Co's struggling Swedish Volvo Cars unit in April, Swedish business daily Dagens Industri reported. Full story...

Volvo is extending its Drive range of low-CO2 models and adding a 1.6-litre diesel engine option to its V70 and S80 model lines to bring CO2 emissions below 130 g/km. Full story...

Daimler reaffirmed its position that the maker of luxury Mercedes-Benz cars has no interest in acquiring other brands such as General motors' Opel, which could immediately give it a sizable share of the small car market. Full story...

The Swedish government is set to guarantee a loan for Volvo Cars, reports said today. Full story...

The Swedish government is set to guarantee a loan for Volvo Cars, reports said today. Full story...

The Audi Allroad quattro sauntered off of the North American playing field some years back, though Audi is now officially building a new A4-based Allroad model for Europe. With European availability announced from this summer, the new Allroad would do battle with the likes of elemental off-road wagons like the Subaru Outback, Volvo XC70 and the upcoming Saab 9-3x. Full story...

Chinese carmaker Chery Automobile has contacted several European auto brands, including Ford Motor's Volvo, and is interested in an acquisition, a source with direct knowledge of the matter said today. Full story...

Swedish tradition puts form over function. Scandinavians have indeed become masters in the art of drawing attractive shapes with sometimes questionable utility. That's exactly the impression I got from the 2009 Volvo XC90 R-Design. This big SUV, which used to be renowned for its comfort and solid feel on the road, has shifted to a sportier-looking mold. Full story...

Swedish tradition puts form over function. Scandinavians have indeed become masters in the art of drawing attractive shapes with sometimes questionable utility. That's exactly the impression I got from the 2009 Volvo XC90 R-Design. This big SUV, which used to be renowned for its comfort and solid feel on the road, has shifted to a sportier-looking mold. Full story...

Truck maker Volvo Group has reported a full year 2008 sales increase, despite a dip in the fourth quarter, leading to earnings per share of SEK 4.90, a fall on the SEK7.37 achieved in 2007. Full story...

Geely has said that it has no plans to buy the Volvo car brand from Ford. Full story...

Chinese car manufacturer Geely Automobile Holdings has no plans to buy the Volvo car brand from Ford Motor, a Geely spokesman said on Thursday. "We don't have plans to buy Volvo as some media have reported," he told Reuters. Full story...

A truck joint venture between Volvo and Eicher Motors posted a large fall in sales last month, reflecting the ongoing reluctance of Indian firms to replace commercial vehicles in a flagging economy. Full story...

Chinese OEMs are said to be interested in buying Volvo Cars from Ford. The Volvo brand is upscale, much respected and offers global presence, as well as some class-leading technology. Full story...

Volvo posted a $1.47 billion pre-tax loss (€1.15 billion) for 2008 last week, further complicating Ford Motor's attempts to sell the Swedish brand. In the fourth quarter, Volvo's loss was $736 million as revenue skidded from $5.1 billion to $3. Full story...

This week, Auto123.com features the following road tests the Volvo XC60 crossover, the first vehicle in the world equipped with a system designed to prevent low-speed collisions. The Mercedes-Benz B200 Turbo, a powerful, compact German model that's also surprisingly spacious. The Honda Pilot, the ideal solution for hauling around eight people in any road conditions. And check out the video filmed during our test drive of the Subaru Impreza WRX265, the version that rekindles the performance car image of the WRX. Full story...

Volvo suffered a disastrous 2008 with a pre-tax loss of $1.46 billion. More than half of the loss came in the fourth quarter when Volvo lost $736 million, compared with a breakeven in the fourth quarter of 2007 Full story...

At first glance, the car in our spy shot looks like a Honda Accord Tourer on tiptoes. But on closer inspection, tell-tale signs show it’s designed for the rough stuff.Set to be badged the Honda CUV, the newcomer blends the all-terrain benefits of a 4x4 with the practicality of an estate, and proves the Japanese maker is toughening up to take on the Audi Allroad and Volvo XC70. Full story...

Anand Mahindra, Mahindra & Mahindra's vice chairman, has said that his company is not interested in acquiring either GM's Hummer or Ford's Volvo Cars unit. Full story...

Sausalito, California - Volvo executives will gladly admit it: they too want to surf on the premium compact SUV wave that's currently hitting the auto industry. So, they're introducing the all-new 2010 XC60, a Swedish alternative to the Audi Q5, Mercedes-Benz GLK and even the aging BMW X3. Full story...