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2012 Scion xD to start at $16,075

Prices for the 2012 Scion xD will start at $16,075, Toyota said on Wednesday. For the standard five-speed manual, that’s a $235 increase from final price of the 2011 model. The sticker increases to $16,875 for the four-speed automatic version, which is also $235 more expensive than its 2011 counterpart.

Ford reaches agreement to sell Volvo to Geely for $1.8 billion

Ford has reached an agreement to sell its Swedish brand Volvo to Chinese carmaker Geely for about $1.8 billion in a multinational sale expected to close in the third quarter of this year. The pending agreement was announced onSunday morning, and Ford will continue to supply powertrains, stamping and other parts to Volvo after the sale. If it closes, the landmark deal delivers the premium Volvo brand--long a benchmark for automotive safety--to a Chinese firm that has ambitious plans for growth.

Citroen to launch range of Green, Eco cars

Citroen C-Cactus Concept will form the basis of a new range of Citroen Eco-Cars The first of the new range will be based on the existing C4, but feature bodywork based on the C-Cactus Concept (but a wee bit prettier, we hope) and featuring a range of green and economical propulsion systems. Under consideration are an electric version (EV),  a  form of hybrid technology or simply lopping a cylinder off and aiming to bring the Co2 down to under 100g/km. So that will give Citroen three distinct ranges.