R-toyo.-cressida-89-92 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.

Concept Car of the Week: Citroën Zabrus (1986)

Designed by Marcello Gandini for Bertone, the quirky BX proved to be a big success for Citroën. Eager to improve its brand image and to boost its already healthy sales figures, the brand put the popular BX on steroids and entered the World Rally Championship. Unfortunately the beefed-up BX 4TC didn't shine on the rally stage and despite a powerful engine, the road-going version didn't sell well either.

Aston Martin Rapide Bertone (2013) first pictures

Bertone is celebrating 60 years of collaboration with Aston Martin with this one-off Rapide shooting brake. The Rapide Bertone keeps the regular Rapide's 2+2 seating configuration, but offers rear passengers more headroom and a taller boot. It's been comissioned by a wealthy Aston Martin collector, who helped design the final look of the car as well as the choice of paint and upholstery colours.