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Ford and Geely agree on Volvo sale, could finalize deal in early 2010

Ford expects to sign a deal to sell its Volvo car unit to China's Zhejiang Geely Holding Group by the first quarter of 2010 and close the deal in the second quarter, the U.S. automaker announced today. Ford said that all of the deal's key commercial terms have been settled.

Record expected for Auto Union sale

By James Mullan Motor Industry 07 February 2007 09:21 A rare 1939 Auto Union Type D grand prix car is tipped to tear up the record books this month when it goes under the hammer – for an estimated price of up to £7.8 million. Auto Union developed the Type D racing car with a mid-mounted 3.0-litre 12-cylinder engine; in 1939, it was modified with the addition of a twin supercharger, increasing power 420bhp to 460bhp – enough for a top speed of 205mph. This particular car won the French and Yugoslavian Grand Prix in 1939, but at the end of the Second World War it was transported from East Germany to the former Soviet Union by Russian occupation forces as spoils of war.

Suzuki Swift SZ-L launched

Suzuki has launched a new Limited Edition Swift - the Suzuki Swift SZ-L The SZ-L is designed to offer a more economical option to the usual 1.5 litre lump, and substitutes it with a 1.3 litre, 93bhp engine from the Swift GL, which delivers 0-60mph in 11.0 seconds, 48.7 mpg and CO2 emissions of 140g/km which isn’t actually too shoddy. To make this limited edition SZ-L, Suzuki are throwing in a few tweaks and some toys to make the package more appealing. You get AirCon, a choice of new metallic colours, some extra chrome bits and an upgrade or two for the interior.