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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.

Fiat Americanizes its 500, complete with cupholders

The Fiat 500 subcompact might be Italian through and through, but the U.S. version that arrives in dealerships late this year will cater to American tastes. The American car will have a more powerful engine than the European version, a slightly softer ride and--most important--more substantial, American-style cupholders.

McLaren MP4-12C High Sport – a very special MP4-12C

The five McLaren MP4-12C High Sports created for one customer McLaren has produced a very special run of just five MP4-12C cars with cosmetic and power upgrades – the McLaren MP4-12C. Those who’ve driven the McLaren MP4-12C all say the same thing; it’s the most civilised supercar on the planet. That may not suit the small minority looking for foibles in their supercar, but for those who want awesome power and  stunning build quality in a car that cossets and soothes when you hair’s not on fire, the MP4-12C is a stunning choice.