Euro Car Parts sold for £225 million

Euro Car Parts Sold for £225 million There was a time, a very long time ago, where Euro Car Parts was an almost hidden secret, supplying manufacturer standard parts for higher end cars at prices that were much more affordable. The key to Euro Car Parts success was supplying parts which seemed to be sourced from the same suppliers as the car maker itself, but sold without the same huge margins. This writer was an avid fan of Euro Car Parts as a struggling young dad with a penchant for cars he couldn’t really afford; Euro Car Parts – and weekends with a toolbox and oily hands – kept a succession of luxury and performance cars on the road on a shoestring, but without compromising quality.

Will Volvo need a JV in China with itself?

Western car makers wanting to operate in China need a joint venture with a Chinese partner. And it looks like Volvo is going to have to partner with itself to keep officials happy. The Chinese authorities are keen to make sure that Western car makers can’t just rock up on their doorstep, open up a factory or three and flog cars in the most populous nation on earth.

Lexus LF-LC turns Blue

Lexus are taking the LF-LC Concept to the Australian Motor Show to show what they’ve done since Detroit. Painted it Blue seems to be the answer. But it seems all Lexus has actually managed to do to the LF-LC Concept since the Detroit Motor Show in January is paint it a fetching shade of blue.