New Dii Shifter Handle, D-m3520a on 2040-parts.com

Going, going, gone: Ford sells Volvo to Geely

Little more than a year ago, the name Geely would happily slip under the radar of most. Today, the Chinese company completed its purchase of Volvo from Ford. Geely stumped up a $1.3 billion in cash for the Swedish brand and issued a $200m note.

Toyota to build RAV4 EV in Ontario

Toyota said on Friday that it will build the electric version of the RAV4 at its assembly plant in Woodstock, Ontario, beginning in 2012. The electric crossover will use powertrains supplied by Tesla from California. The companies began transforming gasoline-powered RAV4 SUVs into functional EV prototypes last July.

Volvo V40 vs Mercedes A Class – Take the Challenge

Volvo are challenging buyers to compare the new V40 Pictured) against the Mercedes A Class Car makers often run a little scared of overt comparisons between their cars and those of rival car makers. But not Volvo. Volvo are throwing down the gauntlet to the new Mercedes A Class by offering buyers considering the new A Class their first month’s payment on the baby Merc if, after test driving a new V40, they still opt for the German.