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Here's what the 2014 Volvo V60 wagon will cost

The Volvo V60 has been a moderate hit in Europe, and this month it's finally set to go on sale in the U.S. The five-door station wagon will offer one engine from the automaker's new Drive-E family of powerplants, gasoline engines that will use turbocharging and direction injection, in a package slightly smaller than the existing XC70 station wagon. All-wheel drive and front-wheel drive will both be on the menu, with the the base version of the V60 T5 front-wheel drive station wagon starting at $36,215.

RCA students redesign the Fiat 500 and Panda for 2020

Royal College of Art students have redesigned the Fiat 500 and the Panda for 2020 in its 'Two of a Kind' contest. The project challenged Royal College of Art students to design the Panda or 500 of 2020 in teams consisting of Masters students from the vehicle design program and other courses. After 14 presentations, two proposals were chosen each for the Fiat Panda and Fiat 500 by an expert panel that included Ramaciotti, Fiat chief exterior designer Andreas Wuppinger, senior designers and RCA teachers and staff.

Hyundai rules out separate premium brand

Hyundai Motor Co. has ruled out spinning off the Genesis or Equus nameplates to create an independent premium brand along the lines of Lexus or Infiniti, partly because of the enormous cost involved and possible image damage to sibling nameplates. "There are no plans for Hyundai to make a separate brand," Vice Chairman Shin Jong-Woon said in an interview Friday at the carmaker's headquarters in Seoul, South Korea.