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Citroen DS5 production-ready a Frankfurt

Citroen DS5 - Production ready at Frankfurt The Citroen DS5 debuted at Shanghai earlier this year – after a suitable tease, of course – but is arriving at Frankfurt as a production-ready car. Not that we can work out what Citroen has changed on the DS5 to make it production-ready. It still looks concept-y good to our eyes, and has a more than fighting chance of making inroads against more conservatively styled competition.

Parking ticket issued every four seconds

UK traffic wardens issued a parking ticket every four seconds last year, dishing out a total of 7.8 million in fines and raking in a whopping £255 million from motorists. The figures, obtained through a series of freedom of information requests by Churchill Insurance, found that Westminster City Council issued the equivalent of more than four Penalty Charge Notices (PCNs) per resident in 2013, generating an income of £24 million for 455,000 fines. Parking wardens given ‘illegal’ bonus targets How to appeal a parking ticket Outside London, Cardiff issued the most fines at 57,000 – while North Somerset Council generated the most revenue at £2.25 million.

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.