Richmond Gear Gm75342oe Excel Ring And Pinion Set 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.

Volkswagen GTI Roadster bows at Woerthersee

As we expected, Volkswagen introduced the real version of the GTI Roadster “Vision Gran Turismo” at the Woerthersee festival in Austria on Thursday. The show car was originally created for the PS3 game's “Vision” series of cars. It debuted in-game on Monday.

Toyota to sell tens of thousands of fuel cell cars a year by 2020

Toyota FCV-R Hydrogen Fuel Cell Toyota is pushing ahead with hydrogen fuel cell vehicles and plans to be selling tens of thousands a year by 2012, starting with the Toyota FCV-R Toyota may have brought yet another hybrid concept to Geneva, and may we have moaned again about their obsession with flogging hybrid cars. But we can’t argue  they haven’t made a success of turning car buyers on to hybrid cars, however futile a long-term route we may think it is. But it seems Toyota do agree with us on electric cars with no plans to throw their weight behind the EV in a big way, but they are gearing up to try and do with hydrogen fuel cell cars what they’ve done with hybrid cars, and are expecting to be selling tens of thousands of fuel cell powered cars a year by 2020.