Mercury Mystique Centercap F/ Alloy Rim/wheel Cap 1995 1996 1997 1998 1999 2000 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.

Cars in the living room--art or furniture?

It takes a special kind of person to put a $100,000 supercar in the living room instead of the garage, but we say if you have the means, go ahead and do it. A photo collage that appeared on www.home-designing.com last week showed Ferraris, Maseratis and Lamborghinis sitting in houses as showpieces, like the works of art they are. Our enthusiast side says the owners should be out driving these spectacular pieces of machinery, but something tells us that if you have a Gran Turismo in the rumpus room, there's probably another one in your garage, too.

Peugeot 3008 – the first official pictures

The Peugeot 3008 is, according to Peugeot, a cross between an SUV, MPV and a hatchback. Really? If that’s the market it’s going for then I suppose it’s after the likes of the Nissan Qashqai and Volkswagen Tiguan, but it doesn’t look like it fits.