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Going, going, gone: Ford sells Volvo to Geely

Little more than a year ago, the name Geely would happily slip under the radar of most. Today, the Chinese company completed its purchase of Volvo from Ford. Geely stumped up a $1.3 billion in cash for the Swedish brand and issued a $200m note.

Is the car industry heading toward the past?

Is the future of cars decidedly old school? An NPR blogger certainly thinks so. NPR Business Desk reporter Sonari Glinton recently likened the 2014 Detroit auto show to an era 40 years ago, reflecting the possibility that the renewed zeitgeist of an entire convention indicates a "retro" kind of thinking.

Skoda Citigo (2011) first official pictures of Skoda's Up

It's all about economies of scale these days, so don't be surprised that Skoda's whipped the covers off its take on the new Up city car just days after Volkswagen unveiled its own at Frankfurt. The new Skoda Citigo (see what they did there?) is the Czechs' sixth model line and will go on sale in UK dealers in summer 2012. Skoda Citigo: the lowdown The four-seater Citigo naturally shares most of its engineering DNA with the Up.