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Ford completes sale of Volvo to China's Geely

Ford said today it has completed the sale of Volvo Cars to Zhejiang Geely Holding Group for $1.8 billion. Divesting Volvo completes Ford CEO Alan Mulally's strategy of exiting European luxury brands to focus on the core Ford brand, following the U.S. carmaker's 2007 sale of Aston Martin, and of Jaguar and Land Rover to India's Tata Motors Ltd.

Shelby American adds SCCA-ready version to the GT350 Mustang mix

Enthusiasts who want to take the new GT350 Mustang racing in Sports Car Club of America events are getting some help from Shelby American. The Las Vegas-based company, which upfits the 2011 Ford Mustang GT to create the GT350 Mustang, will add a normally aspirated version to the lineup. When Shelby American first announced the GT350 program in January, it centered on a supercharged version of Ford's new 5.0-liter V8 that would make about 500 hp.

Hyundai ix35 launches at Frankfurt

Th Hyundai ix35 at the Frankfurt Motor Show The exterior styling is Ford Kuga by way of VW Tiguan – but somehow more convincing. With the optional 18″ wheels it looks purposeful and aggressive, but even in stock form it looks great. Passenger comfort is well taken care of with a well thought-out cabin with lots of decent quality materials, and nice features like the panoramic roof, cooled glove-box and good connectivity.