Lotus: Lotus will soon source engines from a Volvo-Geely tie-up

With buyers becoming less and less concerned with what's actually under the hood, Volvo has decided to spinoff its engine department. Volvo announced Monday that it will transfer its engine operations to a new standalone company that will also include the engine operations of Geely, Volvo's parent company. Volvo will supply about 3,000 staff and...