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Ford puts Volvo up for sale

Having spent most of the last twenty years carefully building up a portfolio of Prestige European car makers, including Jaguar, Land Rover, Aston Martin and Volvo, the last of these, Volvo, has now been put up for sale by Ford. This hardly comes as a surprise when you see the precarious state of Ford. It’s busy going cap-in-hand to the US government looking for a bail out, and selling off Volvo could add several hundred million pounds to its decimated balance sheet.

Rolls Royce Ghost – the Video

Rolls Royce has released the first video of the new Rolls Royce Ghost But as the public reveal gets closer Rolls Royce has delivered more detail. We know the RR Ghost will have a 6.6 litre V12 producing 563bhp with a 0-60 time of 4.7 seconds, and we know the RR Ghost Price and Specifications. But despite all the RR Ghost Spy Shots we’ve seen – some of them pretty much production ready – we haven’t seen the Rolls Royce Ghost on the move.

Mercedes-Benz found guilty of price-fixing in China

Associated Press Mercedes-Benz has been found guilty of fixing prices of car parts in China – with BMW, Audi and Chrysler also facing penalties. China’s state news agency, Xinhua, reports that the German manufacturer has been found guilty of using its power to control the prices of parts. The Chinese government is cracking down on monopolies and has been accused of being too harsh on companies from abroad.