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Volvo V40 R-Design (2012) first offical pictures

Volvo has shown off its V40 family hatch resplendent in R-Design trim for the first time. The pack comprises sporty body addenda and wheels, tweaks to the interior and an optional sports chassis. Similar to the M Sport or S-line packages offered by BMW and Audi, R-Design is expected to be specced on 25% of UK-bought V40s.

Chrysler prices SRT 2012 models

Chrysler Group, which is reviving its SRT performance brand, has set prices on the first four SRT vehicles it is selling: the Chrysler 300 SRT8, Dodge Charger SRT8, Dodge Challenger SRT8 and Jeep Grand Cherokee SRT8. Chrysler will start building the vehicles at the end of July and they will arrive in dealerships before the end of the third quarter. Prices, including $825 shipping, are as follows: -- 2012 Dodge Charger SRT8 -- $46,660 • 2012 Chrysler 300 SRT8 -- $47,995 • 2012 Jeep Grand Cherokee SRT8 -- $55,295 • 2012 Dodge Challenger SRT8 -- $44,077 (price does not include a $1,300 gas guzzler tax on the automatic transmission and $1,000 for the six-speed manual.) The 2012 Challenger is largely a carryover from the 2011 model.

General Motors is seeking 'motivating, inspirational' CEO, Whitacre says

General Motors Co.'s board is looking inside and outside the automaker for “a motivating, inspirational leader” to be its next chief executive, said Ed Whitacre, chairman and interim CEO. Whitacre said candidates don't need to be an existing CEO or even have strong auto credentials. But he would like a strong leader.