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Volvo details new Drive-E powertrains

Volvo released details of its new Drive-E family of powertrains on Friday. Vehicles with the extra-efficient engines will arrive at dealerships early next year. Drive-E is also Volvo's name for all of its green innovations, encompassing everything from a sustainable manufacturing process, use of recycled materials and low-emission powertrains.

End of an era for Dream Cruise landmark

One of the local landmarks that adds an authentic feel to Detroit's Woodward Dream Cruise has closed. The Vinsetta Garage, an art deco repair shop that dates to 1919 and sits just feet from Woodward Avenue, was shuttered last week as the owner prepares for a new direction in life. Jack Marwil, who owned the shop since 1989, plans to attend law school after the death of his wife this fall.

Ford reportedly to shut down Mercury

The Mercury brand, rumored to be on the verge of death several times over the past decade, would be shut down under a plan being prepared for Ford Motor Co.'s board of directors, Bloomberg News reported on Thursday. Citing two executives who have knowledge of the plan but asked not to be identified, the news service said the plan would be submitted to Ford's board in July. How quickly Mercury would be shut down depends how quickly the automaker can convince Lincoln Mercury dealers to close or merge with a Ford-brand dealership, the report said.