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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.

Volkswagen plans return of Microbus

An expanded lineup of Beetle-themed cars are in Volkswagen's future, including a Microbus model that we have seen in various concept forms over the past decade, according to Auto Express. When Volkswagen renews the Beetle in 2019, it will also debut a crossover, coupe and a mini-MPV, all based on the MQB architecture that underpins the new Golf. Even though plans of an MPV rebirth date back to the introduction of a number of concepts in the early 2000s, Volkswagen hadn't pulled the trigger on putting an homage to the Bus (known as the Kombi in most of the world, or Camper in the U.K.) intro production for a number of reasons.

UK 2010 car sales analysis: winners and losers

The new car sales figures for 2010 were announced today, revealing the winners and losers in the UK's new car showrooms. Perhaps surprisingly, with the ending of the scrappage scheme in March 2010, new car registrations in Britain ended up 1.8% on 2009. That was a total of 2,030,846 cars sold as new.