November 8, 2009

Auto Briefs

Ford F-150 keeps top seller spot in October and Volvo may go to Chinese automaker

Ford logo

Associated Press

Ford F-150 keeps top seller spot in October
The top-selling vehicles and the total number sold last month, with September's rank in parentheses:

1. Ford F-series, 39,496 (1)
2. Chevrolet Silverado, 31,754 (5)
3. Toyota Camry/Solara, 30,556 (2)
4. Toyota Corolla/Matrix, 25,717 (4)
5. Honda Accord, 23,210 (3)
6. Honda Civic, 15,868 (6)
7. Honda CR-V, 15,667 (7)
8. Nissan Altima, 14,773 (10)
9. Toyota RAV4, 13,971 (-)
10. Toyota Prius, 13,496 (-)

--Associated Press

Volvo

Associated Press

Volvo likely to go to Chinese automaker
Ford has picked a consortium led by China's Geely Group as the preferred bidder to buy its Swedish Volvo Cars unit. The announcement means that both sides have reached a fundamental agreement to sell the storied brand, but details such as price still must be worked out, according to a person briefed on the negotiations. If the sale goes through, it would be another investment in the U.S. auto industry by a Chinese company. Earlier this month, General Motors sold its Hummer brand to construction machinery maker Sichuan Tengzhong Heavy Industrial Machinery Corp.

--Associated Press

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