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Consumer Reports releases 2013 reliability rankings

Japanese brands continue to dominate the Consumer Reports Annual Auto Reliability rankings, while some European brands gained and Ford Motor Co. continued to rank near the bottom of the industry. Lexus, Toyota and Acura swept the top three spots in the 2013 rankings and Japanese brands took seven of the top 10 places.

Ford completes sale of Volvo to China's Geely

Ford said today it has completed the sale of Volvo Cars to Zhejiang Geely Holding Group for $1.8 billion. Divesting Volvo completes Ford CEO Alan Mulally's strategy of exiting European luxury brands to focus on the core Ford brand, following the U.S. carmaker's 2007 sale of Aston Martin, and of Jaguar and Land Rover to India's Tata Motors Ltd.

Lexus LFA for sale on eBay

The Lexus LFA for sale on eBay It’s not necessarily the first place you’d look for one of the rarest supercars on the planet, but if you’re looking for a Lexus LFA for sale (sort of) you can find one on eBay. That ‘sort of’ for sale revolves round the very strange conditions imposed by Lexus on US buyers of the LFA who were initially forbidden to buy the LFA outright. Instead they had to enter in to rather odd single payment lease deal with Lexus, which Lexus believed would stop buyers of the LFA from flipping the car for a profit.