Vintage Yamaha Racing Stickers 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 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.

Ferrari's Corse Cliente takes to the track

UPDATED with video below! The Ferrari FXX and 599XX can be bought for oodles of cash--except you can't take them home when you leave the dealership. Ferrari's Corse Cliente program allows well-to-do owners a chance to help in the development of new sports cars.

Inside the Lexus LFA Centre of Excellence

Inside the Lexus LFA Centre of Excellence The Lexus LFA is like no other Lexus – and, in many ways, unlike any other supercar – so Lexus make sure the 38 LFAs in Europe get the specialist care they need. Lexus has established a Centre of Excellence for the LFA in Cologne where a team of LFA experts make sure that every LFA in the UK and Europe gets treated just like a Le Mans car when it comes in for servicing. That means removing body panels to get access to the suspension, steering and subframe, every nut and bolt double checked, fingertip inspection of the discs and pads, x-rays to check for wear and detailed inspection of the CFRP bodyshell as well as normal stuff like oil and filter changes.