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Ford and Geely agree on Volvo sale, could finalize deal in early 2010

Ford expects to sign a deal to sell its Volvo car unit to China's Zhejiang Geely Holding Group by the first quarter of 2010 and close the deal in the second quarter, the U.S. automaker announced today. Ford said that all of the deal's key commercial terms have been settled.

Golf Mk 6 bows out with new VW Golf R Cabriolet

Volkswagen is finally delivering the VW Golf R Cabriolet Mk 6, just as the Golf Mk 7 hits the road, but it does without 4WD. But it’s taken until now – 2013 and after the Mk 7 Golf arrived – for VW to fulfil the promise of more powerful open-top motoring in the Golf with the arrival – following a Golf R Cabrio tease video at the end of 2012 – to finally reveal it. Just as you’d expect, the Golf R Cabriolet is mechanically similar to the Golf R in that it gets the same 2.0 litre turbo four cylinder petrol engine that delivers its power through a six-speed dual-clutch auto box.

Inside look at the Lexus LF-LC concept: Video

Lexus has released an inside look at its latest concept vehicle, the LF-LC 2+2 hybrid sport coupe. The LF-LC was revealed at the 2012 Detroit auto show. The video includes interviews with designers from Calty Design Research, Toyota's U.S.