1941 Buick Chrome Fender/ Parking Light Lens Bezel, Pr. on 2040-parts.com

Ford and Geely agree on Volvo sale, could finalize deal in early 2010

Ford expects to sign a deal to sell its Volvo car unit to China's Zhejiang Geely Holding Group by the first quarter of 2010 and close the deal in the second quarter, the U.S. automaker announced today. Ford said that all of the deal's key commercial terms have been settled.

New Lexus IS 300h, LF-LC and Lexus F-Sport all at 2013 Geneva Motor Show

We’ll get to see the new Lexus IS 300h at the 2013 Geneva Motor Show together with an Opal Blue LF-CC and extended F Sport range. Probably of most interest – because we’ve not seen it in Europe yet, is the new Lexus IS 300h, the hybrid version of the 2013 Lexus IS – revealed at Detroit last month – which Lexus hope will pick up sales from the diesel competition. Lexus will be adding the F Sport trim to the IS 300h too to show that their cars can look as dynamic as those from Audi’s S Line, Mercedes’ AMG or BMW’s M Sport which, with an expected output of around 220bhp from the electric motor and 2.5 litre engine, isn’t all that incongruous.

Lincoln gets own design studio

Ford is creating a dedicated design studio for its luxury brand Lincoln in an ongoing bid to rejuvenate the brand and position it further apart from the core Ford offering. The new design studio will be situated in the Product Development Center in Dearborn, Michigan, with Max Wolff – recruited from Cadillac last year – charged with leading the brand in its revival efforts. Ford has also announced that it will be increasing spending on the brand, giving it unique interiors and powertrains.