Ford Oem Fuel Information Label 8c3z9a095a Image 3 on 2040-parts.com

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.

Porsche Cayenne GTS Design Edition 3 special release

Porsche has injected a little more flair into its SUV with the debut of the Cayenne GTS Design Edition 3. Following the Cayman S and Boxster S Design Editions, the Cayenne receives a thorough visual makeover from the Porsche Design Studio. Designers began by covering the Cayenne’s sheetmetal with lava grey metallic paint with three design stripes down the center of the hood and one stripe along the lower door panels.

New 2014 Mercedes C-Class interior revealed

Ahead of its debut at the Detroit Motor Show in January 2014, Mercedes-Benz has revealed details of the all-new C-Class interior. And if the photos and specification are anything to go by, the gap between the S-Class and the C-Class is about to get narrower. As is becoming increasingly common in the automotive world, strong influence has been drawn from smartphones and tablets, with Mercedes-Benz also leaning heavily on airline and aircraft references.