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Ford names China's Geely as preferred bidder for Volvo

Chinese automaker Geely Group Holding Co. is Ford Motor Co.'s preferred bidder to purchase Volvo Car Corp. Ford said Wednesday that it will start more detailed negotiations with Geely, adding that no final decisions have been made.

Gibbs Sports Amphibians launches the Quadski

Gibbs Sports Amphibians has unveiled the Quadski, an amphibious all-terrain vehicle that, according to company founder Alan Gibbs, obliterates the distinction between land and water transportation. The 1,300-pound, 10.5-foot-long Quadski looks a bit like a jet-powered personal watercraft sitting on top of a single-seat ATV, but it's what's underneath the vehicle's molded composite body that separates the high-speed Quadski from larger, slower amphibious predecessors. The Quadski draws power from a BMW K 1300 Motorrad motorcycle engine capable of producing 175 hp.

Ford teams with Azure for hybrid F-Series Super Duty trucks

Ford Motor Co., moving to expand its hybrid truck lineup, has signed a deal with Azure Dynamics Corp. to put plug-in hybrid powertrains in F-Series Super Duty trucks. Azure will retrofit the F-350, F-450 and F-550 trucks with its hybrid-electric drive trains.