Pursuit Ii Spin Reel on 2040-parts.com

Volvo outlines strategy for U.S. revival

Volvo Cars is rolling out a broad strategy aimed at reviving the brand in the United States after a decade of shrinking demand while nearly doubling sales globally. The plan, shared with U.S. dealers on Tuesday, includes new powertrains, new vehicles, more leasing and fresh marketing under a new, global ad agency.

Ford offers C-Max Hybrid owners rebates for overstated mpg

In the wake of Ford's decision yesterday to lower its fuel mileage estimates on the C-Max hybrid, the company says it will also offer a payment to C-Max hybrid owners and lease holders for the estimated average fuel cost between the new and former mpg figures. Owners will get a check for $550 while lessees will get $325. The window sticker on the C-Max hybrid will now read 43 mpg, instead of the originally promised 47 mpg.

Start up mobility van maker VPG shuts down

Van maker Vehicle Production Group -- recipient of a $50 million loan from the U.S. Department of Energy -- has suspended operations and is in the process of being sold, its former CEO said Wednesday. The Allen Park, Mich., company, which made MV-1 vans for the disabled, terminated about 100 workers and closed its offices in February.