Yamaha 98517-06008-00 98517-06008-00 Screw, Pan 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.

New Peugeot 208 (2012) Revealed

New 2012 Peugeot 208 - photos revealed a day early Just last week we revealed that the new Peugeot 208 will be revealed tomorrow (2nd November). Which was clearly Peugeot’s plan. Unfortunately, for Peugeot, a German site had broken the embargo on the 208, so we have the first official pictures of Peugeot’s replacement for the 207 a day ahead of the event.

Porsche details plan for new headquarters, test track next to Atlanta airport

Porsche Cars North America will spend between $80 million and $100 million to build a new headquarters and test-track complex next to Atlanta's Hartsfield-Jackson airport, the automaker said on Thursday. The site in Hapevlle, Ga., is where the Ford Motor Co. assembly plant that built the Ford Taurus and the Mercury Sable used to stand.