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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.

2013 Ferrari F620 GT hits the Web early

A quick-handed photographer over at GTSpirit.com was able to grab the first image of the new 2013 Ferrari F620 GT. The car will be shown on March 6 at the Geneva motor show in Switzerland. Specs from eGarage.com cite the 6.3-liter V12 at 740 hp and 690 lb-ft of torque, with an 8,700-rpm redline.

Volkswagen launches 'Future of the Car'

Volkswagen has launched a new micro-site which looks at what people may be driving in the future - or whether they will be driving at all. Revolving around a short film set in the year 2028, in which a father tells his son about the automobile world of 20 years ago, the website showcases the Wolfsburg-based automaker's vision of the automotive world 20 years from now. These 'visions of the future', which take shape in the form of three autonomous concept cars called the 'One', 'Ego' and 'Room', offer an insight into the automotive world of tomorrow as seen through the tinted spectacles of Volkswagen developers and designers.