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January 10, 2010

Auto Briefs

Group names future classics from the '00s; Volvo sale to China's Geely draws near

2005 Acura NSX

Acura

Group picks future classics from the '00s
Hagerty, the leading insurer of collector cars, has picked 10 vehicles from the last decade that have the highest probability of becoming collector cars in the next 15-20 years. The company reviewed mass-produced autos from 2000 to 2009 with an MSRP of $100,000 or lower and chose one from each year. The list:
2000 BMW M Roadster
2001 Corvette ZO6
2002 Pontiac Firebird WS-6 "Ram-Air"
2003 Mini Cooper S "JCW"
2004 Cadillac CTS-V
2005 Acura NSX (pictured)
2006 Dodge Ram SRT-10 (viper powered pick-up)
2007 Ford Shelby Mustang GT 500
2008 Dodge Challenger SRT8
2009 Pontiac Solstice GXP Coupe

--NWautos staff

Volvo logo

Associated Press

Volvo sale to Geely nearing completion
Ford is close to selling its Volvo brand to Chinese automaker Geely, the Michigan-based car maker said recently. The companies have worked out "all substantive commercial terms" related to Volvo, Ford says, and the deal could be completed by the end of the second quarter of 2010. The automakers still need to work out financing and government approvals. Ford wouldn't disclose what Geely is offering to pay for Volvo, which is based in Gothenburg, Sweden. Unconfirmed reports suggest it could be $2 billion. Ford paid $6 billion for Volvo in 1999.

--Associated Press

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