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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.

Bentley SUV will be the Bentley Falcon

It looks like Bentley has come up with a name for its SUV – Bentley Falcon - and, as expected, it will get a complete redesign before it arrives. But it now seems that VW has bitten the bullet on the Bentley SUV and signed it off for production, when it will apparently come complete with a new Bentley name – Bentley Falcon. The news of a name for Bentley’s luxury off-roader comes from Georg Kacher writing in Automobile Magazine and, although it perhaps doesn’t resonate particularly in the UK, it will probably have more impact on the target market for the SUV – the Middle East – where the Falcon is a big deal.

Ford Kuga at 2012 Geneva motor show

This is the new Ford Kuga, unveiled on the eve of the 2012 Geneva motor show. The new Ford Kuga was previewed by the Vertrek concept, and we’ve already seen it in production form as the Escape 4x4 for the North American market, but it’s finally here in European guise. So what can you tell me about the new Ford Kuga?