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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.

2011 Chevy Camaro Convertible revealed

The 2011 Chevy Camaro Convertible - V8 only in the UK It’s been a few years in the making, but Chevrolet has finally taken the wraps off the convertible version of the latest  Chevy Camaro ahead of its debut at the LA Motor Show next week. The Chevrolet Camaro Convertible – although no one will call it anything other than the Camaro Convertible, or maybe Chevy Camaro Convertible – goes in to production in January and will arrive in the UK and Europe in 2011. GM claim that the work they’ve done to make the Camaro work as a soft top has resulted in a  car that has better torisonal rigidity than a 3-Series Covertible, thanks to stuff like a tower-to-tower brace under the hood, a transmission support reinforcement brace.

'27% would drive into floodwater'

A DEVIL-MAY-CARE attitude amongst drivers is commonplace when it comes to flooded roads, according to a survey. Nearly 2% would ignore a road-closed sign, while 42% would blindly follow the vehicle in front if it managed to cross a flooded road successfully, the poll shows. Around a quarter of drivers (27%) would attempt to go through moving floodwater nearly 12in (30cm) deep, according to the Populus survey conducted for the Environment Agency and the AA.