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2014 Volvo XC90 on track as part of £3.5 billion investment in Sweden

Volvo are investing £7 billion in their future – half of that in Sweden – and the first model to benefit will be the long overdue 2014 Volvo XC90. Just like all of Ford’s premium automotive adventures - Land Rover, Jaguar and Aston Martin included – Volvo has suffered from a long period of under investment but now – with China’s Geely in charge – they’re forging ahead with big investment and big plans to try and emulate the turnaround Tata has accomplished at JLR. That means an investment of £7 billion over the next three years – £3.5 billion of that in Sweden – in a new scalable architecture (SPA) platform and new Volvo engine architecture (VEA) to underpin most of Volvo’s future models.

McLaren 12C GT Sprint appears at Auto Zurich

McLaren confirmed earlier this month that the 12C GT Sprint would cost $316,000, converted from British pounds. On Thursday, we were sent a selection of photos of the new track car by photographer David Kaiser, from a car show in Zurich, Switzerland. According to a McLaren representative at the booth, the 12C GT Sprint pictured is the first production car.

Small price hike for 2013 Toyota Prius family

Toyota has set small price increases for most Prius vehicles for the 2013 model year. It has yet to announce a price for the 2013 Prius c. The 2013 Toyota Prius will sticker for $23,975, including a $760 destination charge.