Airtex 5d1326 Distributor Cap. on 2040-parts.com

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.

New Fiat Panda (2012) arrives

New Fiat Panda 2012 - arrives at Frankfurt The Fiat Panda has always been simple motoring, in many ways much more the keeper of Fiat’s heritage than the funky Fiat 500. True, there is, in the current iteration, the Panda 100hp which is a long way from basic and probably the most fun there is to be had on four wheels in a city. But even the Panda 100hp keeps it simple.

Experts Urge Buyers To Focus More On Depreciation Than Fuel Economy

FOCUS more on a car’s value not its fuel economy if you want to save money. That’s the advice from leading valuation experts CAP Automotive. According to the independent experts, millions are wasted by drivers who focused on performance at the pumps when they chose their car, instead of the real cash-killer - depreciation.