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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.

Lotus Exige S V6 rolls off the production line

The Lotus Exige S V6 with the 3.5 litre Supercharged engine from the Evora S has started rolling off the production line at Hethel. How nice to be able to report a new car arriving from Lotus instead of more doom and gloom. The Lotus Exige S V6, with the supercharged 3.5 litre engine we first saw in the Evora S, has started to roll off the production line (actually, ‘production line’ me be a bit of an exaggeration) and is heading off to its new owner.

Bentley Continental GT & GTC get 8-Speed ZF ‘box

The new Bentley Continental GT, GTC and GT Speed with the W12 engine are getting the new 8-speed ZF gearbox. Improved economy and performance. When Bentley revealed the Continental GT V8 they did so complete with a new 8-speed ZF auto ‘box rather than the 6-speed ‘box the W12 GT and GTC get. But now they’ve managed to get the new 8-speed box bolted on to the W12 GTs to improve performance and economy.