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Mercedes to make E-Class Coupe Estate?

The Mercedes ConceptFascination - Could make it in to production as an E-Class Coupe Estate Car makers are searching for every niche they can fill with their cars, particularly at the premium end. Audi and Mercedes are big players (we still think the Mercedes R-Class a niche too far), and BMW play the game too, with cars like the BMW X6M and the new BMW 5 Series GT. If the Mercedes E Class Coupe Estate does go in to production it will bring to five the number of models based on the same Class – the saloon, the coupe, the cabriolet and the estate plus this new Coupe Estate.

Jaguar Land Rover profits up 34 per cent to £1.5 billion

Just four years after Tata took over what looked like a basket case in Jaguar Land Rover, profits have hit £1.5 billion. It’s become the norm for Jaguar Land Rover to report ever improving profits and sales, but the news that JLR made profits of £1.5 billion in the year to end of March 2012 is still amazing. Ford sold Jaguar and Land Rover to Tata four years ago as it unwound its faltering luxury car brands, and as recently as 2009 JLR were almost begging for government help to keep going.

Ford reaches agreement to sell Volvo to Geely for $1.8 billion

Ford has reached an agreement to sell its Swedish brand Volvo to Chinese carmaker Geely for about $1.8 billion in a multinational sale expected to close in the third quarter of this year. The pending agreement was announced on Sunday morning, and Ford will continue to supply powertrains, stamping and other parts to Volvo after the sale. If it closes, the landmark deal delivers the premium Volvo brand--long a benchmark for automotive safety--to a Chinese firm that has ambitious plans for growth.