Used Volvos for sale: First $290K takes both

Having decided to focus solely on their Pirelli World Challenge GT effort involving Volvo's S60, K-PAX racing has decided to sell off their two-year-old C30s. Given that 2013 is the production car's last hurrah, it makes sad sense that Volvo's not too interested in campaigning a machine that will soon be vacating showrooms. Built in 2011 to compete in the World Challenge Touring Class, the pair managed six poles and five wins under the sure hands and feet of Robb Holland and Aaron Povoledo.

Ford posts $2.4 billion profit

Ford Motor Company reported a profit of $2.4 billion on revenues of $35.5 billion, excluding Volvo, during the second quarter, the automaker said Tuesday. A year ago, Ford posted net profits of $2.6 billion on revenue of $35.07 billion, including Volvo. Excluding Volvo, Ford's revenue in the second quarter of 2010 was $31.3 billion.

Nissan gets a new 'Leaf' on life

On Thursday, Nissan announced that its all-electric Leaf will be added to its Certified Pre-Owned Vehicles program. Starting in September, Nissan will back all used Leaf vehicles to provide years of performance and quality at a competitive value. The program will not only provide buyers with eight-year/100,000-mile battery warranty coverage, but also with five-year/60,000-mile coverage for battery-capacity loss that falls below nine bars, which is imperative when you're relying solely on electricity to power your vehicle.