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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.

Koenigsegg at Geneva Motor Show: Koenigsegg Agera +video

The Koenigsegg Agera hits the floor at Geneva We managed to uncover information on the Koenigsegg Agera early on, following on from the chat we had with Koenigsegg when they told us they would be bringing ‘Something New’ to the Geneva Motor Show. And I think we were a bit ungracious. Maybe it was disappointment that theAgera wasn’t perhaps as radical as we hoped from a new Koenigsegg, or it could just have been a long day.

EBay exotic: 1980 BMW M1

What we have here, according to the seller, is an actual one-owner, 4,418-kilometer (2,739 miles) BMW M1, recently imported to the United States from Germany. That's right--the original BMW supercar, one of 456 reportedly built. While the 277-hp straight-six may not sound too impressive today, keep in mind that the European Ferrari 308 only made about 250 hp at the time.