As announced on the signing of the stock purchase agreement on 28th March, 2010 Zhejiang Geely Holding Group Co., Ltd. of China has agreed to pay USD 1.8 billion for Volvo Car Corporation, which included a USD 200 million note with the balance paid in cash. Geely issued the USD 200 million note and paid USD 1.3 billion in cash for Volvo Cars, utilising financing from Chinese institutions and its own balance sheet as well as international capital market resources. Geely payed less than the agreed, due to adjustments in areas such as pension obligations and working capital.

If you thought that FIAT Punto Evo brought the edgy sports style to the beautifully rounded Grande Punto, than look at the Abarth version and take note of the all the visual changes. Only then read the rest of the article to find out what is substantially different in the Abarth version, and why this car could easily go head to head against rivals from France, Spain and Germany.

Alfa Romeo Giulietta has been awarded the Euro NCAP five-star rating and an overall score of 87/100, which is an extraordinary result that makes it the safest compact ever. The rating achieved by the Alfa Romeo Giulietta (97% Adult Occupant, 85% Child Occupant, 63% Pedestrian Protection and 86% Safety Assist) means that the car will also have five-star rating in 2012 when the system will have reached maximum severity.