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Going, going, gone: Ford sells Volvo to Geely

Little more than a year ago, the name Geely would happily slip under the radar of most. Today, the Chinese company completed its purchase of Volvo from Ford. Geely stumped up a $1.3 billion in cash for the Swedish brand and issued a $200m note.

New Car Sales Increase Again

NEW registrations in July 2014 totalled 172,907 - a 6.6% rise on the July 2013 figure, the Society of Motor Manufacturers and Traders (SMMT) said. The latest figures took the year-so-far total to 1,460,172 - a 10.1% rise on the January-July 2013 total. As a result, the SMMT has now upwardly revised its prediction for sales for the whole of 2014, forecasting that a total of 2.45 million could be reached.

Cadillac Converj concept

Cadillac surprised the press today when it revealed a new 2+2 concept called the Converj. In his introduction to the concept, GM Vice-Chairman Bob Lutz said the vehicle was "pushing the envelope on design quality, and efficiency - everything that makes a great design great". Conceived at GM's Advanced Design studios in Coventry, UK, by a design team led by Simon Cox (Director of GM Advanced Design UK), the project was brought to realization in the US under the leadership of Dave Rand, Executive Director of GM Advanced Design.