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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.

Tesla uses data to refute New York Times report

Tesla Motors CEO Elon Musk says data don't lie. He's using information from a Model S loaned to New York Times writer John M. Broder to dispute a report the electric sedan didn't deliver enough driving range to take advantage of Tesla's Supercharger stations in the Northeast.

Dacia Duster (2010) first official photos

By Richard Webber First Official Pictures 08 December 2009 15:50 This is our first look at the new 2010 Duster – the new economy crossover from Dacia. My memory’s a little dusty – remind me about Dacia...Dacia has been building cars in Romania since 1966, and, since a Renault takeover in 1999, has expanded to produce over half a million cars annually, built at plants across the world and sold in countries as diverse as Germany, Iran, Russia, Morocco and Colombia.Since 2004 all of its cars have been based on the company’s B0 – that's zero, not a whiffy 'O' – platform, and top sellers are the mid-sized Logan saloon and estate, and the five-door Sandero hatchback. Didn’t Dacia present a crossover concept at Geneva 2009?So you don’t see the resemblance?