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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.

Mazda to use regen brakes to boost fuel economy 5 to 10 percent

Mazda is adding a fuel-saving technology that harnesses wasted brake energy in the redesigned Mazda6 sedan due early next year. The approach uses regenerative braking to convert kinetic energy into electricity that is stored in a capacitor. The car later taps that capacitor to power the fuel pump, lights, audio, air conditioning and transmission and engine control systems.

Peugeot 2008 DKR gets 340 bhp turbo diesel to fight the Dakar Rally

Peugeot 2008 DKR (pictured) gets 340 bhp turbo diesel to fight the Dakar Rally The days of Peugeot’s motorsport activities being integral to the brand’s identity are long gone, but Peugeot are still playing motorsports with a few headline grabbing projects like Sebastian Loeb’s Pikes Peak car. But Peugeot’s motorsport activities at the moment are extending a bit further than hitting Pikes Peak (and the Goodwood hillclimb) in a monstrous Peugeot 208 T16, and a 2008 to take on the Dakar Rally was revealed back in April. Then, we got to see the Peugeot 2008 DKR in all its Mad Max glory, but Peugeot were being a bit circumspect about what was underneath their Apocalypse-taming Rally Raid Monster.