Moog K750241 Stabilizer Bar Link Kit 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 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.

Banks and Ryan ready for Pikes Peak

Gale Banks, part-time stunt driver Mike Ryan and the diesel wizards from Gale Banks Engineering will return to Pikes Peak this year with the Freightliner Cascadia that finished ninth in 2012. Competing in the Pikes Peak Open class, the team has been furiously working on the truck at the Banks Performance home base in Azusa, Calif. To get the semi tractor up the 12.4 mile road, Banks is installing its Super-Turbo setup on the 14.7-liter, Detroit Diesel-equipped truck.

MOTORPOINT GETS A NEW TRAINER

MOTORPOINT has appointed Minty Singh as its new training manager. Minty joins the Derby-based car supermarket giant from British Gas, where until recently she was the Renewals Manager within its Business division, responsible for a team of 50 advisors. She started her career as a foreign language teacher at her former school in Loughborough.