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Volkswagen Beetle Dune concept edging towards production

The Volkswagen Beetle Dune frolicking on the beach Back at the Detroit Motor Show in January, the Volkswagen Beetle Dune concept arrived as the perfect accessory for an outdoor lifestyle – especially if you’re in Southern California. Riding higher than a regular Beetle, with big wheels and a rack on the back for surf boards, sand boards or skis, the Beetle Dune Concept looked very close to a production car. Now, with Summer upon us, Volkswagen has released some new photos of the Dune concept frolicking around sunny locations in Germany and pointing firmly towards a production version.

Fisker goes to China's Wanxiang

China's Wanxiang Group won an auction for Fisker Automotive Holdings Inc., the maker of luxury plug-in hybrid cars, with a $149.2 million bid, almost six times what Fisker was seeking when it filed for bankruptcy. Wanxiang topped Hybrid Tech Holdings during the auction, which began on Wednesday and went through 19 rounds of bidding, with an offer that includes $126.2 million in cash and $8 million in assumed liabilities, Fisker said Friday in a statement. U.S.

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 on Sunday 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.