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Volvo Car unveiled the S60 Concept at the 2009 Detroit Motor Show on January 11. Volvo Cars’ CEO, Stephen Odell held a press conference about the business and the future of the company. The company has the potential to reestablish its credentials in the premium sedan segment. The video also shows interviews with Design Chief Steve Mattin, interior designer Lars Falk and more.
By John Crawley and Thomas Ferraro
WASHINGTON (Reuters) – The U.S. House of Representatives could vote as early as Wednesday on a $15 billion plan to bail out and restructure U.S. automakers but the initiative may face Republican roadblocks in the Senate. The White House and congressional Democrats sought to quickly finalize an agreement in principle struck Tuesday night on conditions for providing $15 billion in low-interest loans to avert a threatened industry collapse if one or more of “The Big Three” U.S. automakers were to fail. But some issues remained unresolved, apparently including a Democratic demand that automakers drop lawsuits against states seeking to reduce tailpipe pollution.
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