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Auto sales top 14.4 million in 2012
Thu, 03 Jan 2013U.S. light-vehicle sales--led by Volkswagen, BMW and Honda--jumped 9 percent in December, pushing the seasonally adjusted sales rate above 15.3 million for the second consecutive month and helping the industry finish 2012 on a high note. Automakers sold 14.49 million light vehicles in the U.S.
Jaguar/Land Rover sell-off latest (2007)
Tue, 12 Jun 2007By Tim Pollard Motor Industry 12 June 2007 07:36 Ford has appointed Goldman Sachs, Morgan Stanley and HSBC to investigate selling its British premium brands Jaguar and Land Rover. The move effectively signals the end of the Blue Oval's PAG division. Officials have refused to confirm or deny the sale, but have outlined to MPs the deal which will spin off Jaguar and Land Rover, but retain Volvo in the Ford family.
Design Contest: Renault Design competition 'Imagine Espace in 2024'
Sat, 20 Nov 2004The competition to 'Imagine Espace in 2024' has been won by Romain Gauvin, a fifth-year student at Strate Coll?ge in Paris. Renault Design organized the competition to coincide with the 20th anniversary of the Espace, inviting entries from students at its partner design schools in France (Strate Coll?ge) and Germany (Pforzheim University). "My intention was to design a car that travels on the ground yet feels like it is soaring through the sky, like flying a hang-glider", explains Romain Gauvin.