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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.

Audi S8 (2011) Confirmed – Audi S7 and Audi S1 planned

Audi has confirmed the 2011 S8 and an S1 and S7 The ink has just dried on our report on the new 2011 Audi A8 (well, you know what I mean) when we got news that Audi are going to produce an Audi S8 , despite earlier reports that there would be no S8 for the 2011 model, or even the W12 A8. But it doesn’t stop there. In an unguarded moment Audi’s Design Director Stefan Sielaff said that the ‘Design Grammar’ of the A8 would extend in to the S8, the S7 and the S1.

Porsche 911 GT2 (2007): first official pictures

By Ben Pulman First Official Pictures 18 July 2007 01:02 Porsche 911 GT2: the lowdown Earlier today the web was abuzz with leaked pictures of Porsche’s hottest car of the year. An American brochure was doing the rounds with all the juicy details of the hardcore GT2 revealed. Porsche responded to the leak and released the first official details and pictures weeks early, revealed here for the first time.