Throttle Body Assembly 2013 Altima Sku#1899365 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.

Bugatti sells its last Veyron

Bugatti has sold the last of its 300 Veyron 16.4 supercars. The customer of the final Veyron is based in Europe and is new to the Bugatti marque. Bugatti Veyron: the controversial king of the supercar world Volkswagen Group picked up the Bugatti name in 1998, following the 1995 bankruptcy of Romano Artioli's Modena-based Bugatti factory, which had produced the EB110 quad-turbo V12 supercar.

UK new car registrations beat 2012 total – a month early

New car registrations rose by 7% last month, the best performance in almost a decade – and a rise that has seen the total registrations for 2012 already beaten with a month still to go. 159,581 new cars were registered last month, taking the year to date total up to 2,111,819. This easily tops the 2,044,609 new cars registered in 2012.