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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.

Smart Forspeed Concept reveled

Smart Forspeed Concept - and the electric bike and scooter that will make production You’ve got to wonder if Smart is just a game for Mercedes. A bit like Maybach, except they keep churning out endless cars and concepts and editions and sales seem to go nowhere, instead of the Maybach way of keeping the same cars for a decade – and sales go nowhere. Last year in the UK Smart sales were down nearly 9% at a time you would expect sales of eco-focused small cars to boom.

Camaro sales ahead of Mustang for 2011, so far

In the sales race between pony cars, the Chevrolet Camaro is beginning to leave the Ford Mustang in the dust. The Camaro has steadily outpaced the Ford Mustang for the first four months this year--the Camaro beat the Mustang by 2,672 sales in April alone. For the year to date, Chevrolet has sold 30,824 Camaros, compared with Ford's 23,599 Mustangs.