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.

Infiniti Q50 teased ahead of Detroit debut

The first Infiniti to carry the new nomenclature for the marque – the Infiniti Q50 – gets teased in a short video ahead of a Detroit debut. We managed to break the news that the new Infiniti G37 would be arriving at the 2013 Detroit Auto Show back in October, but what we didn’t know then was that it would be getting a new name. The new Infiniti G Series cars will now be the Infiniti Q50 as Infiniti change their car names (for reasons only Infiniti understand) to be prefixed by ‘QX’ for anything resembling a crossover and just ‘Q’ for anything that’s not.

McLaren 650S Spider (2014) first official pictures

By Ollie Kew First Official Pictures 04 March 2014 12:00 This is the convertible version of the McLaren 650S: the 650S Spider. Given how closely the 650S coupe is based upon the 12C, it’s no surprise to see the 650S Spider looking very much like a 12C: same folding hard-top roof, same 40kg weight penalty, same boasts by McLaren that the carbon tub needs no extra reinforcing for its role in a cabriolet. Though the 650S Spider is 40kg heavier than the hard-top and has some of its P1-echoing aerodynamic talent spoiled by chopping the top off, it’s still a very fast piece of kit.