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Here's what the 2014 Volvo V60 wagon will cost

The Volvo V60 has been a moderate hit in Europe, and this month it's finally set to go on sale in the U.S. The five-door station wagon will offer one engine from the automaker's new Drive-E family of powerplants, gasoline engines that will use turbocharging and direction injection, in a package slightly smaller than the existing XC70 station wagon. All-wheel drive and front-wheel drive will both be on the menu, with the the base version of the V60 T5 front-wheel drive station wagon starting at $36,215.

Official: Aston Martin gets its hands on Mercedes AMG engines & Electronic Architecture

Aston Martin & AMG confirm they’re getting in bed together Back in December we reported that Aston Martin had new investment from Investindustrial and wondered if that would mean – thanks to an existing relationship between Investindustrial and AMG – if we’d see Aston Martin finally getting access to AMG’s engines and platforms. By May, things had moved on and it was clear that Aston Martin and AMG were in talks for Aston Martin to get access to their engines for the next generation of AML’s cars. Now those talks have borne fruit and AMG and AML have signed a letter of intent for Aston Martin to “access significant Mercedes-AMG GmbH and Mercedes-Benz Cars’ resources, allowing the development of bespoke V8 powertrains and the use of certain components of electric/electronic (e/e) architecture.” Interestingly, there’s no talk of V12 engines – which could mean Aston Martin are going to move from the current Ford V12 for the DB9 and Vanquish to a powerful V8 from AMG – and nor is there talk of sharing platforms.

Diesel joins Porsche Panamera lineup

Porsche has put forward some eye-catching fuel-economy figures for the Panamera diesel--although we may never see the car in the United States. Set to go on sale across Europe in August, the four-door is claimed to return a combined city/highway driving fuel economy of 36.2 mpg in standard guise under European testing procedures. When fitted with optional low-rolling-resistance tires, the fuel economy climbs to 37.3 mpg on the European test--a figure that gives the Panamera diesel a theoretical range of 800 miles on its 21-gallon fuel tank.