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Volvo already planning road-going V8 Supercar?

After decades of cat-and-mouse battle waged between Holden and Ford, Australia's V8 Supercars series has expanded considerably. Mercedes and Nissan both joined the grid last season, and Volvo has followed suit this year. So when 2014 championship kicked off earlier this month in Adelaide, everyone was watching to see who would come out on top.
The answer is Holden, which took first place in all three of the weekend's races. In fact the General Motors division locked out the podium in the first and third races and took first and third places in the second race, letting just one other manufacturer onto the podium the entire weekend - and that was Volvo. The Polestar S60 scored second place on its first race weekend, beating all the Nissan Altimas, the Mercedes E63 AMGs, the Ford Falcons and most of the Holden Commodores.
Now that's hardly winning the championship, but it's a very solid debut. And that point was not lost on the people back at headquarters in Sweden, who are already thinking about making a roadgoing version of the race-spec V8 Supercar.

Verizon buys Telogis in connected vehicle market push

(Note/disclaimer: We are owned by Verizon, by way of AOL. This gives us no inside track whatsoever when it comes to news.) With a lot of tech companies and automakers staking their claims in the connected car space, now there are signs that others are looking to move in, too. Today, telecoms giant Verizon announced that it is acquiring Telogis, a California-based company that develops cloud-based solutions for mobile workforces, and specifically telematics, compliance and navigation software used by Ford, Volvo, GM and other car companies, as well as Apple and AT&T. Financial terms of the deal have not been disclosed, although we'll try to find out. Considering that Verizon in 2015 reported full-year revenues of $131.6 billion, the price would have to be very high to be considered "material" and may not be made public for some time, if ever. Telogis in its time as a startup raised a substantial amount of money, just over $126 million in all, including $93 million in 2013, supposedly ahead of an IPO, all from Kleiner Perkins Caufield & Byers. Back in 2013 when KPCB made its investment (which was the first from a VC firm in the company), Telogis told TechCrunch it was profitable and forecasting revenues of $100 million annually for the year. It's not clear what size those revenues are now, but if it was on the same growth trajectory as before the funding, sales would be around $150 million annually, with profitability, at the moment. Other investors include some very notable strategics: the investment arm of General Motors, and Fontinalis Partners, which also invests in Lyft and was co-founded by Bill Ford, the executive chairman of the Ford Motor Company. Before the acquisition, Verizon actually had a business in fleet management and telematics; in fact, the two companies competed against each other for business from the trucking and other industries. Verizon Telematics, as the business is called, is active in 40 countries. But in a way, Verizon buying Telogis is a sign that the latter may have proved to be the more superior, and the one with the key customer deals.

Volvo Concept Coupe may see limited production

Despite the impressive production debuts from Porsche and BMW at this year's Frankfurt Motor Show - the 918 Spyder and the i8, respectively - there was one car that captured the attention of the press and the public alike, enough so that we awarded it our overall top pick of the show: the Volvo Concept Coupe. Most concepts never make it to production, but the car's reception has been so positive that Volvo's board of directors is considering to produce it in limited quantities, Auto Bild reports. Italian coachbuilder Bertone could handle the limited production run.
Styled after the classic P1800, the Volvo concept was similar to the new Porsche and BMW in that it was equipped with a high-performance hybrid drivetrain. But Volvo took a different route from there, giving the sleek coupe a turbocharged and supercharged 2.0-liter four-cylinder engine paired with an electric motor at the rear axle. All in, the combo is good for 400 horsepower and 490 pound-feet of torque.
If the Concept Coupe makes it to production, it may not get the trick hybrid drivetrain mentioned above, Motor Athority reports, but a milder plug-in hybrid setup or even just a conventional fuel-burning engine. In any case, it would be a treat if Volvo produced a fully functional, street-legal Concept Coupe, though at that point we're thinking it would be due for a name change.