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Volvo Concept XC Coupe is ready to hit the slopes

There's something inescapably right about a Swedish car with a set of skis on its roof. It doesn't matter if it's a Jurassic-era Volvo Amazon, a Saab 900 Turbo, or even a Koenigsegg Agera R. Surely it's some sort of Scandinavian birthright... right along with immaculate complexion. The latest to carry on that tradition in fine form? The Volvo Concept XC Coupe, just released at this week's Detroit Auto Show.
The two-door, four-seat XC Coupe rolled onto stage here at Cobo pre-outfitted with a matching ski box, looking sharp on its 21-inch wheels. According to Volvo, the box isn't an afterthought - in fact, the XC Coupe's design itself was "inspired by modern sports equipment."
As for the rest of the concept's genetic makeup, at this point, we don't have much to go on. Volvo has admitted that the XC Coupe rides atop its new boron-steel-intensive Scalable Product architecture, but it has declined to outline any sort of powertrain details. We're not sure if this showcar has any production future, but we do expect for its design language to inform the next-generation XC90 crossover.

Subprime financing on the rise in new car sales, leasing too

We all remember the financial crisis that began several years back. At its core was a splurge of subprime lending for housing loans. The housing bubble burst, triggering a collapse of the mortgage-backed securities market. Apparently, those types of loans still exist in the automotive industry, and the market share for these types of "nonprime, subprime, and deep subprime," loans has grown 13.6 percent compared to the third quarter a year ago.
According to an Automotive News report, high-risk lending expanded to 24.8 percent of total loans in Q3, up from 21.9 percent for this time last year. As this level increased, average credit scores of borrowers dropped to 755, down from 763 a year ago. In that time, the average financing amount increased $90 per vehicle, to $25,963.
At 818, Volvo maintains the highest per-owner credit score, while Mitsubishi has the lowest, at 694. The highest rate of borrowers was at Toyota, with 14 percent of the market, followed by Ford with 13.1 percent and Chevrolet at 11.1.

Volvo dealers pushing for V40 in America [w/poll]

Not too long ago, Volvo effectively replaced three models with one. Those were the C30, S40 and V50, and their replacement came in the form of the V40. While its predecessors were available (at some point, anyway) in North America, the V40 isn't. And that's something that Volvo's players in the US would like to change.
According to Automotive News, both Volvo Cars of North America and its dealers are pressing the factory to reverse its decision and prepare the V40 for an American assault on the likes of the Volkswagen Golf and Audi A3. It's a game they won before with the current V60, which hasn't been available here, but is set to make the transatlantic voyage come the start of the new year.
This time, though, Volvo Cars of North America may have a bigger fight on its hands, because the V40 wasn't designed to meet US regulations. Getting it up to spec, then, may be a bigger challenge than it's worth. But if the American importer and dealer network makes its voice heard, the V40's replacement could be designed with US regulations in mind.