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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.

Rolls Royce Wraith Drophead Coupe confirmed for production.

The Rolls Royce Wraith (pictured) will get a Drophead sibling in 2016 It was always likely that Rolls Royce would take their ‘affordable’ model – the RR Ghost – and make a coupe version. What wasn’t really on the cards is that they would give it a more dramatic style – and a more driver-focused experience – and tag a name from the past on it to create a new Rolls Royce Wraith for the 21st century. But that’s exactly what they’ve done, and the Wraith does seem to be an effective tool for Rolls Royce to extend the appeal of their cars to a new, perhaps younger, demographic.

Citroen C5 unveiled

By Ben Pulman First Official Pictures 18 October 2007 12:01 Citroen C5: the new one Very nice indeed. When we first got the pictures of this, the new Citroen C5, most in the CAR office were very impressed. And we’re still impressed.