Set Of 2 American Racing Hot Rod Wheels Nib on 2040-parts.com

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.

Bentley teases new model: hear the new V8 in action

This audio file gives our first sound of a forthcoming new addition to the Bentley Continental family. Although Bentley isn't saying what it is at this stage, it's pretty obviously the new V8 model which will stretch the Conti family downwards from its W12-only position today. Bentley has codeveloped the new V8 with Audi.

Ford Escape, Fusion get software fix

Ford says it has developed a fix for the potential engine fire problem that prompted it to recall nearly 90,000 copies of the new Escape and Fusion with the 1.6-liter EcoBoost engine. Ford traced the problem to a glitch in the engine software that could lead to an engine fire in the event of pressure dropped in the cooling system. So dealers will update the software on the recalled vehicles.