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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 speed cameras planned for motorways

NEW SPEED CAMERAS painted grey and placed along large sections of the UK’s motorway could be introduced within two years. The Highways Agency is looking to increase the amount of ‘managed motorway’ on the network – sections where the overall speed of traffic is adjusted up and down to avoid traffic jams and to allow the use of hard-shoulder running. Currently sections of the M25 and M40 operate variable speed limits Under new plans however cameras will be placed on large sections of motorway designed to catch drivers exceeding the overall 70mph limit.

Mercedes-Benz plans teen-driving school

Mercedes-Benz plans to open a driving school for teens in the United States late this year. The school will be modeled on one that Mercedes launched in the United Kingdom in 2009. The location of the school and the program cost won't be disclosed until the end of April, a company spokesman said.