18 Black Akuza Style 424 Rims 4x100/4x114.3 4 Lug Civic Cobalt Xb Elantra Cwo 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.

Boris Dumps the Congestion Charge

Well, not completely – that would be too much to hope for. But London Mayor Boris Johnson has scrapped the recent extension of the Congestion Charging Zone, which took in most of Chelsea, Kensington and Westminster, and was hugely unpopular. Boris scraps the Congestion Charge in Westminster, Chelsea and Kensington The £8 per day charge was the subject of a public consultation, which found that 86% of businesses wanted the congestion charge lifted.

Nissan launches new model avalanche

Nissan president and CEO Carlos Ghosn plans 60 new models By Tim Pollard Motor Industry 14 May 2008 10:32 Nissan will launch 60 new products in the next five years, the company’s latest business plan reveals. And it'll need every new model it can lay its hands on, amid a profit warning and a 30 percent collapse in profits this year. The company certainly loves catchily titled grands projets; following hot on the heels of the Nissan Revival Plan, Nissan 180 and Value-Up, it’s now announced the Nissan GT 2012 plan – spelling out the company’s strategic aims for the next five years.