1963-64 Ford Falcon Hardtop Pair Of Rear Chrome Armrest Insets on 2040-parts.com

Supermarkets cut petrol prices

MOTORISTS have received some late-autumn cheer in the form of supermarket cuts to the price of petrol. Asda, Morrisons, Sainsbury's and Tesco all announced that reductions would take effect from today. Asda said that no one filling up at its forecourts would pay more than 126.7p a litre for petrol from today , with diesel priced at 133.7p.

BMW Concept X4 (2013) first pictures of baby X6 coupe-SUV

This is the BMW Concept X4, which borrows the idea of an SUV with coupe proportions from its X6 brother, and shrinks the template down to the size of an X3. But don't be fooled by the 'Concept' tag of this car – like the Concept 4-series coupe we saw in 2012, the X4 is very much confirmed for production, and will receive only detail styling tweaks before it goes on sale in mid-2014. It'll be built alongside the X3, X5 and X6 models at BMW's Spartanburg factory in the USA from early 2014.

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.