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Supermarkets slash fuel prices

SUPERMARKETS are slashing fuel prices again. In the latest round of cuts, Sainsbury's is reducing its petrol by up to 6p a litre and its diesel by up to 4p a litre. This means customers will pay no more than 129.9p a litre for petrol and 136.9p for diesel, with the reductions taking place from today.

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.

MINI Countryman Coupe to be production version of MINI Paceman

The MINI Paceman will become the MINI Countryman Coupe for production It looks like the production version of the MINI Paceman Concept is going to be the MINI Countryman Coupe. Yes, it is hard to keep track of MINI’s models, never mind their never ending concepts. Despite that you may remember the MINI Paceman that arrived at Detroit last year and which, at the time, we referred to as a MINI Countryman Coupe.