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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 onSunday 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.

MINI gives the London Philharmonic the patriotic horn

MINI has teamed up the 2012 MINI London Edition with the London Philharmonic to create a MINI horn National Anthem. The London Philharmonic Orchestra has just finished the mammoth task of recording 205 National Anthems for the 2012 London Olympics, but this is one National Anthem that won’t be wafting across East London in the next month. The London 2012 Olympics are MINI’s marketing method of choice at the moment, so they took nine MINI London 2012 Editions – in a mix of Red, White and Blue – tuned their horns and roped in nine musicians from the Philharmonic’s horn section to toot in time.

Mazda Hazumi Geneva concept car hints at next 2 supermini

Mazda Mazda has issued this solitary teaser image of the new Hazumi concept car, which will be unveiled fully at the 2014 Geneva Motor Show. The Mazda Hazumi will give plenty of clues about the next generation Mazda 2 supermini, bound for showrooms in 2015. It's plain to see from this shadowy teaser photo that the next Mazda 2 will gain plenty of design inspiration from the latest family look as seen on the Mazda 3 rival for VW's Golf.