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Ferrari FF rolls through snow, desert in video

The buzz over the Ferrari FF has died down a bit since its initial unveiling in late January. But the fervor will rise again as the car gets a public debut at the Geneva motor show next week. To remind us how good the all-wheel-drive FF is, with its 660-hp V12, Ferrari released a video showing the four-seater going where most owners would not dream of taking it--on snowy roads and through the desert.

Gemballa Enzo MIG-U1 revealed

The Gemballa Enzo MIG-UI Update 12/1/2010: Gemballa have now sent us more details of the Gemballa MIG-U1 and a set of photos. Revealed is probably too strong a word, as it would appear that Gemballa are not overly keen to let anyone have any information on their Gemballa MIG-U1, a customised Ferrari Enzo created for the Gemballa Middle East Distributors the Illyas and Mustafa Galadari Group. Gemballa has taken Mustafa’s own Enzo and ‘Gemballa-ed’ it.

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.