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Henry III, Act I: Henry Ford's great-great grandson will soon enter the stage
Fri, 21 Aug 2009Why do we think 29-year-old Henry Ford III will make a great auto executive? Not because he is the great-great grandson of Henry Ford, direct descendant of the founder, and next in line for the throne if Ford Motor Co. was a monarchy.
Hyundai delays Sonata Hybrid deliveries for change in sound device
Fri, 04 Mar 2011Delivery to dealerships of most of Hyundai's initial Sonata Hybrids has been delayed until at least late March because the brand is altering the car’s device that emits an artificial engine noise at low speeds. Hyundai planned to have the car available in January but only a small number of the vehicles are in dealer stock, Hyundai spokesman Jim Trainor said. Trainor declined to say how many Sonata Hybrids have arrived in the United States but said about 700 units are in port or at sea.
Ford puts Volvo up for sale
Mon, 01 Dec 2008Having spent most of the last twenty years carefully building up a portfolio of Prestige European car makers, including Jaguar, Land Rover, Aston Martin and Volvo, the last of these, Volvo, has now been put up for sale by Ford. This hardly comes as a surprise when you see the precarious state of Ford. It’s busy going cap-in-hand to the US government looking for a bail out, and selling off Volvo could add several hundred million pounds to its decimated balance sheet.