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Ford completes sale of Volvo to China's Geely
Mon, 02 Aug 2010Ford said today it has completed the sale of Volvo Cars to Zhejiang Geely Holding Group for $1.8 billion. Divesting Volvo completes Ford CEO Alan Mulally's strategy of exiting European luxury brands to focus on the core Ford brand, following the U.S. carmaker's 2007 sale of Aston Martin, and of Jaguar and Land Rover to India's Tata Motors Ltd.
Audi RS6 saloon (2008): first pictures
Tue, 12 Aug 2008By Ben Whitworth First Official Pictures 12 August 2008 00:01 Following on from the RS6 Avant launched at the start of the 2008, Audi has revealed the saloon version of its hottest A6. And it’s hot! Like the estate, the four-door RS6 is powered by a twin-turbo 5.0-litre V10 with outputs to shame the CLS63 AMG and M5… With direct injection and dry-sump lubrication – always handy if you plan to knock off a few laps of the Nürburgring on the way home from work – the blown V10 whips up a supercar-rivalling 572bhp at 6250rpm and a mighty 479lb ft that kicks in at just 1500rpm.
Mission: Impossible 4 movie gets green action with BMW electric supercar
Thu, 30 Jun 2011BMW is casting a green starlet for its automotive role in Mission: Impossible--Ghost Protocol, slated to hit theaters in mid-December. Behind the wheel, Tom Cruise will probably continue to defy all realities of city driving--but this time he'll at least be sending fewer emissions into the atmosphere. He'll be driving a BMW Vision EfficientDynamics electric supercar, a concept vehicle that the company claims will evolve into the BMW i8 before it hits series production in a few years' time.