1983 Volvo R-m Inmont Color Chips on 2040-parts.com

Infiniti reveals hood of the JX crossover

The slow reveal of the Infiniti JX crossover ahead of its debuts at the Pebble Beach Concours d'Elegance in August and the Los Angeles auto show in November continued on Thursday with a photo showing the seven-seat crossover's hood and grille. Infiniti plans to put the JX on sale in early 2012. The crossover will be built at Nissan's plant in Smyrna, Tenn., and will share its platform with the Nissan Altima, Maxima and Murano.

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 on Sunday 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.

Toyota halts Lexus GX460 sales worldwide

The 2010 Lexus GX460. Sales have been halted due to safety concerns 2010 is turning in to Toyota’s ‘Annus Horribilis’. Its formerly untouchable reputation for producing bullet-proof cars has been severely damaged by the ‘ThottleGate’ problems, with more damage to Toyota’s reputation being caused by their failure to address a problem they seemed to be all too aware of, rather than the problem itself causing the damage.