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U.S. new car sales surge at fastest pace in nearly 7 years

U.S. sales of cars and light trucks surged 9 percent in November 1.24 million units and rolled off dealership lots at the fastest pace in almost seven years. The industry's annualized sales rate, adjusted for seasonal factors, rose to 16.4 million last month, up from 15.3 million a year earlier and easily topping analysts' forecasts in the 15.8 million range.

Volvo halts production of Electric cars & question EU’s CO2 & EV targets

The Volvo C30 EV won't be going in to production Volvo has decided it will not put the C30 electric Car in to production and has called on the EU to address CO2 and EV targets. Just as many other car makers are doing, Volvo has had a small fleet of electric test cars plodding round the roads to see what they’re capable of in the real world, in Volvo’s case a fleet of electric C30s. But Volvo has decided that a production version of the C30 EV is a futile project and has revealed they will not be making a production version.

The Toyota FT-1 concept would make a damn fine new Supra

The Detroit auto show is just getting started, and Toyota has kicked things off with a nice surprise: The racy FT-1 concept. A product of Toyota's Calty Design Research facility, the FT-1 concept shares some of the swoops and vents with the Lexus RC F. But there's a boatload of high-performance styling cues there, too: Take a quick glance and you might spot the front end of a Ferrari Enzo, the profile of the Nissan GT-R, the double-bubble roof of the SRT Viper/any number of Zagato creations and the oversized retractable rear wing of the McLaren P1.