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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.

Volvo XC coupe concept (2014) gives first glimpse of new XC90 styling

By Damion Smy and Ollie Kew First Official Pictures 11 December 2013 12:00 A teaser picture and two design sketches give the latest official clues to how the 2014 Volvo XC90 will look. This is the XC Coupe, the second of three concept cars penned by Volvo’s new design chief, Thomas Ingenlath. Many of the car’s cues are shared with the Volvo Concept Coupe we saw (and liked) earlier in 2013.

Ferrari F12 Berlinetta

Ferrari has confirmed the name of the successor to the 599 GTO as the F12 Berlinetta ahead of its official debut at next week's Geneva motor show. The car, originally thought to be named the F620 GT, is the most powerful Ferrari road car ever launched with advanced vehicle architecture, aerodynamics, components and electronic controls. The design process – undertaken by both Ferrari and Pininfarina – involved with lengthy wind tunnel testing and extensive computational fluid dynamics (CFD) simulations.