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New Boxster and Caymen swell Porsche’s order book

The 2009 Porsche Cayman S - helping to boost Porsche sales [ad#ad-1] We’ve run stories on how well Porsche, and the whole VW/Audi group, is holding up through the current malaise in the car industry. Porsche’s last lot of profit figures were very impressive, but were mainly due to the huge amounts Porsche made on its trading in VW shares. We noted at that time that Porsche reckoned its sales were slow because people were waiting for the new versions of the Boxster and Cayman, and when that happened sales would increase.

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 onSunday 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.

Watch: Lamborghini Cabrera testing at the 'Ring

Earlier today in our “One lap” coverage, we brought you some spy photos of Lamborghini's Gallardo successor, the Cabrera. We didn't pay for the pics so we didn't reproduce them here. Fast forward to a few hours later and we've found video evidence of the testing from YouTube user RSR Nurburg.