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General Motors reportedly close to selling Hummer for $150 million

General Motors Co., working to cut its U.S. brand count in half as part of its restructuring, is trying to complete a deal to sell Hummer to China's Sichuan Tengzhong Heavy Industrial Machinery Co. for about $150 million, Bloomberg News reported Thursday.

Honda To Debut Sporty Concepts At Festival Of Speed

VISITORS to this year’s Goodwood Festival of Speed in June will be able to get up close and personal with two racy concept cars from Honda. The Japanese firm is using the popular event to showcase its forthcoming Civic Type R hot hatch and second-generation NSX supercar ahead of a 2015 launch programme. As well as getting up close with the new concepts, visitors will get the chance to race them – with the Honda stand turned into a miniature race track for budding drivers to compete with special-edition remote control models.

Volvo V60 Plug-in Hybrid: Production to double to cope with demand

It’s particularly appealing if you like a car with a decent turn of speed – the V60 will do 0-62mph in 6.1 seconds – like the reassurance and practicality of 4WD – the V60′s electric motor drives the back wheels – drive in to London on a regular basis – the 48g/km emissions are congestion charge free – and get taxed as BIK from your company. If all those apply – and you already appreciate the Volvo V60 is a very good car to start with – then the V60 plug-in hybrid is a bit of a no-brainer, even with a headline price of nearly £50k (which gets within £6k of an equivalent non plug-in after the taxpayer has chipped in). It seems that many buyers agree, and Volvo is being inundated with orders.