04 05 Ford Explorer Radio Stereo Cd Player 4l2t-18c815-ea 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 onSunday 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.

Ford gets another NO on Volvo

And the beat goes on… Ford has been trawling the world’s car manufacturers (and Governments) for what seems like forever, in an increasingly desperate attempt to off-load its Swedish subsidiary, Volvo. They appear to have tried everyone from the Swedish Government to BMW and Mercedes, with a fair dose of Chinese firms in between (has Ford offered to sell it to you yet? Don’t worry, it won’t be long!) And now Reuters are reporting that yet another Chinese Car Co has declined the offer.

Jay Kay's LaFerrari to star at Salon Privé

CAR BUFFS will have a unique chance to get up close to some of the fastest, most exciting cars in the world today when the 2014 Salon Privé show arrives in London next month. Among the star cars at the Syon Park event will be Jamiroquai singer Jay Kay’s spearmint green LaFerrari; the only example anywhere in the world in that colour. All the cars present will be ultra-rare, ultra-exclusive hypercars with sub-three-second 0-62mph sprint times and top speeds well in excess of 200mph.