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Daihatsu hits Indonesian show with eight new concept cars

Daihatsu has launched a product offensive on the Indonesian International Motor Show in Jakarta, with eight concept cars all based around the theme ‘Compact ECO Mobility Best Friend'. As their endearingly Jenglish theme suggests, each of the cars is as compact as possible – Daihatsu is best known for producing Kei cars for its domestic Japanese market. (Incidentally the company's Tanto remains the most adorable of the Kei breed.) The UFC 2 (the blue car) is an evolution of the UFC that was show in 2012 and manages to squeeze seven seats into is handsomely contemporary body.

Daimler-Renault alliance approved, report says

An international alliance between Daimler and Renault has been approved by the companies' boards and is set to be announced on Wednesday, Bloomberg is reporting. The pact would allow the German and French automakers to collaborate on a range of products, including small cars, commercial vehicles and engines. AutoWeek first reported on the alliance last week.

Ford and Geely agree on Volvo sale, could finalize deal in early 2010

Ford expects to sign a deal to sell its Volvo car unit to China's Zhejiang Geely Holding Group by the first quarter of 2010 and close the deal in the second quarter, the U.S. automaker announced today. Ford said that all of the deal's key commercial terms have been settled.