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Ford reaches agreement to sell Volvo to Geely for $1.8 billion
Sun, 28 Mar 2010Ford 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.
Revealed: the top 10 best and worst cars to own
Thu, 29 May 2014The 2014 What Car? JD Power survey results have been announced, giving car buyers a useful insight into what owners really think of their car. The new car buying experts at What Car?
Trailer full of 2014 Corvette Stingrays spotted on the road
Thu, 15 Aug 2013If you're a Corvette fanatic dying to take delivery of that C7 you've placed an order on, take heart: There's a vehicle transporter laden with 10 (or is it 11?) 2014 Stingray coupes roaming the American southwest. Submitted by Autoweek reader Dan Becker, the photo doesn't tell us much about the car, but at this point we're all fairly well-versed in the details. Two different five-spoke wheels are visible -- most are black but we see at least one shiny set -- but beyond that, nothing is visible; the cars' tight wrappings don't even betray a sliver of the colors underneath.