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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.

Renault Zoe EV gets cheaper – but only if you hardly use it

Renault Zoe EV (pictured) battery lease dropes to £45 a month The Renault ZOE eEV is one of the most affordable electric cars in the UK, with prices from £13,345 (after tax-payer bribe) plus a monthly cost for leasing the batteries from Renault. A bit like buying an ICE car and paying a monthly lease for the engine. But despite the Zoe’s ‘affordable EV’ tag, Renault has not had overwhelming success with the Zoe in the UK since it arrived last year, so they’ve come up with some new incentives to get car buyers to opt for their electric supermini.

Video: Cadillac ATS design development story

Cadillac has released a new video as part of a series of episodes charting the design and development of its ATS compact sedan. The video features key members of the design team, including Design Director Clay Dean, Exterior Design Manager Taki Karras, Exterior Design Director Bob Boniface, Interior Design Director Eric Clough and Color & Trim Lead Designer Thomas Prevost. "When you drive this car, its combination of design, powertrain and engineering and interior design.