Ford completes sale of Volvo to China's Geely

Ford said today it has completed the sale of Volvo Cars to Zhejiang Geely Holding Group for $1.8 billion. Divesting Volvo completes Ford CEO Alan Mulally's strategy of exiting European luxury brands to focus on the core Ford brand, following the U.S. carmaker's 2007 sale of Aston Martin, and of Jaguar and Land Rover to India's Tata Motors Ltd.

Ferrari F450: Last one to be auctioned Sunday to benefit earthquake victims

In an auction featuring some of the rarest, fastest and most head-turning Ferraris ever, a brand-new F430 may be the show-stealer. The Prancing Horse said Wednesday that it is auctioning off the very last F430 to roll off the Maranello production lines at the end of the year to raise money to rebuild the central Italian region of Abruzzo, which was devastated by an earthquake on April 6. Ferrari will work with local authorities to distribute the funds.

American Picked

Toney Thomas knows his junk. Ask him about any of the thousands of items--from antique BB guns to ancient boat motors, from old service-station signage to historic military gear--in his 30-foot-by-60-foot storage barn in rural Michigan, and he'll most likely have a story to tell. Thomas's penchant for collecting led to his appearance on a fall episode of the History Channel's American Pickers with celebrity junk hunters Mike Wolfe and Frank Fritz.