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Honda & GM to work together on next generation Hydrogen Fuel Cells

GM’s history with hydrogen fuel cell development Hydrogen Fuel Cells are, in many ways, the answer to our dependency on oil. But any future that uses hydrogen fuel cells to power an electric motor in a car means that not only must the fuel cells be more economical to produce than they now are, but that a refuelling infrastructure is developed. To help achieve that end, Honda and GM have announced that they are to collaborate on developing not just the next generation fuel cells for vehicles but to advance a refuelling structure too.

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.

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