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Mitsubishi teases its Geneva motor show 2012 debut

Mitsubishi has issued this teaser photo of its new car destined for a debut at the 2012 Geneva motor show in March. It's the first time the Japanese company has launched an all-new global vehicle at Geneva. Sadly, Mitsu is remaining tight-lipped about its new model.

New Ferrari California T gets its UK debut

The new Ferrari California T gets its UK debut Ferrari’s entry-level model – the Ferrari California – was not the most loved of Ferrari’s, with Ferrari ‘Anoraks’ proclaiming it a cynical marketing exercise by Ferrari. That didn’t stop the California selling well, but five years on from when the California arrived Ferrari has decided to make the California more focused with the arrival of the new Ferrari California T at the Geneva Motor Show. Ferrari Anoraks still had room to moan, mind you, as the California T eschews the naturally aspirated route and goes turbo for the first time in a Ferrari since the F40.

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.