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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.

Jaguar Academy of Sport signs up athletes galore

Jaguar Academy of Sport held the first of many ceremonies in London this week – and signed up 35 young British athletes with cheques and certificates to help develop their sporting talent.The academy was launched in March 2010 and is designed to nurture young British sporting talent by offering a bursary to athletes between the ages of 14-24. Awards will take place annually. Winners at the 2010 awards include 15-year-old Leanne Stephens. She received her first GB vest when she beat the World No.

Hyundai Genesis sedan loses an engine option, gains more tech for 2013

Hyundai is dropping the 4.6-liter V8 in the Genesis sedan lineup for 2013. The 5.0-liter V8 will continue in the R-Spec model, while the rest will get Hyundai's 3.8-liter V6. Hyundai has also enhanced the optional eight-inch Driver Information System, which is now more intuitive, with a rotating joystick, better voice recognition and improved navigation-screen layouts.