1932 1933 1934 Ford Cabriolet & Convertible Stainless Inside Rear View Mirror on 2040-parts.com

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.

Geely at Shanghai 2011: Geely MINI Cooper & Geely London Taxi

Geely's take on the London Cab & MINI Cooper Regular readers – in fact anyone who takes notice of car news – will probably recognise Geely as being the Chinese car maker who bought Volvo in 2010. Proper car anoraks may also remember the ‘Chinese Rolls Royce‘, a Phantom ‘Homage’ from Geely that came equipped with a ‘Throne’ in the back to transport a lone plutocrat. It looked a lot like a Russian cold war ZIL meets cartoon Phantom and there was no mistaking it was a Chinese car for a Chinese market.

Some Chevy dealers turn down additional Volt inventory

Some Chevrolet dealers are turning down Volt EVs that General Motors wants to ship to them, a potential stumbling block as GM looks to accelerate sales of the plug-in hybrid. For example, consider the New York City market. Last month, GM allocated 104 Volts to 14 dealerships in the area, according to a person familiar with the matter.