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Ford and Geely agree on Volvo sale, could finalize deal in early 2010
Wed, 23 Dec 2009Ford expects to sign a deal to sell its Volvo car unit to China's Zhejiang Geely Holding Group by the first quarter of 2010 and close the deal in the second quarter, the U.S. automaker announced today. Ford said that all of the deal's key commercial terms have been settled.
Remember this twin-engine, AWD, home-brew Scirocco?
Tue, 08 Apr 2014Obviously, the big problem with the VW Scirocco is that its rear wheels aren't driven. Around a decade ago, a guy named Anson decided to solve that problem by shoving a second VW motor in the rear end of his Scirocco. Sure, VW had done it before, but this enterprising do-it-yourselfer spent just $1,800 on the build.
Toyota hybrid tech looking toward the future
Wed, 25 Sep 2013Toyota continues to build momentum as a leader of the hybrid industry. At an inaugural event held in Ypsilanti, Mich., the brand brought together all of the Toyota and Lexus hybrid vehicles from the Japanese, American, and European markets. In a display by Toyota representatives, presentations started with a quick look back at the infancy of the company's hybrid program, starting with the first-generation Prius in 1997.