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The Mitsubishi Evo is dead

As Mitsubishi shifts its global lineup toward utility vehicles and electrified cars, it will pull the plug on the Lancer Evolution at the end of the nameplate's current generation. “Mitsubishi Motors does not have any plans to design a successor with the current concept, as a high-performance four-wheel drive gasoline-powered sedan,” spokeswoman Namie Koketsu said, describing the car as having “icon” status. “Mitsubishi Motors will explore the possibilities of high-performance models that incorporate electric vehicle technology.” Dropping the Evo was foreshadowed last fall when President Osamu Masuko unveiled a new mid-term business plan that would deprioritize in-house sedans and explore sourcing them through joint projects with the Renault-Nissan Alliance.

Volvo XC Coupe concept (2014) first official pictures

By Ollie Kew First Official Pictures 08 January 2014 09:00 This is the Volvo XC Coupe concept, revealed in full after teaser sketches were shown late last year. It’s 'the next chapter in the Volvo design story', according to the Swedish automaker and it's new design boss, Thomas Ingenlath. The rakish SUV will take centre stage for Volvo at the Detroit motor show later in January 2014.

Ford posts record first-quarter profits

Ford Motor Co. said first-quarter net income increased 15 percent from a year earlier to $1.61 billion, as rising U.S. auto sales pushed North American profits to a record, offsetting deeper losses in Europe.