03-08 Mazda 6 Driver Wheel Airbag Air Bag Oem Lkq 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.

1953 Chevrolet Corvette historical video footage

As the 2014 Chevrolet Corvette gets closer to the hands of future owners, the popular model is also turning 60 years old, on June 30 to be specific. With about 1.5 million Corvettes being produced since 1953, the American sports car is still going strong. Enjoy this video from our friends at Bader TV, featuring historic video footage of the original 1953 model, along with some Corvette history factoids from Chevrolet.

Fiat ElleZero Spied – heading to Geneva 2012

Fiat ElleZero Spied Fiat has a new compact MPV heading towards the 2012 Geneva Motor Show, the Fiat ElleZero. Expected to arrive in the UK as the Chrysler ElleZero. It looks like Fiat’s next big model reveal is going to be a new compact MPV – the Fiat ElleZero – which, with all things Fiat and Chrysler being a bit more complicated in the UK, could end up on our shores in 2013 as the Chrysler ElleZero - or even the Chrysler EZ.