Ford 4.0/244 Sohc Standard Shift Flyweel on 2040-parts.com

Ford reaches agreement to sell Volvo to Geely for $1.8 billion

Ford has reached an agreement to sell its Swedish brand Volvo to Chinese carmaker Geely for about $1.8 billion in a multinational sale expected to close in the third quarter of this year. The pending agreement was announced on Sunday morning, and Ford will continue to supply powertrains, stamping and other parts to Volvo after the sale. If it closes, the landmark deal delivers the premium Volvo brand--long a benchmark for automotive safety--to a Chinese firm that has ambitious plans for growth.

Porsche 911 Sport Classic to debut at Frankfurt

Porsche is planning some sports-car candy for the Frankfurt motor show: the limited-edition 911 Sport Classic, which blends styling cues from the brand's storied past with the always intoxicating notion of more power. The 911 Sport Classic will be limited to just 250 copies and will cost about $241,000. Unfortunately, it's not coming to North America.

Volvo Concept Estate to become new Volvo V90?

The Volvo Concept Estate (pictured) looks set to be the new V90 The final in a trio of new concepts from Volvo showcasing their new platform and new direction debuted at the Geneva Motor Show earlier this month as the Volvo Concept Estate. And it seems it might be heading for production. Not, as we expected, as a replacement for the Volvo V60, but as a larger car set to replace the V70 and to be dubbed the V90, according to Auto Bild.