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Ford puts Volvo up for sale

Having 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.

Hyundai ix35 / Tucson ix launched

Hyundai has launched the ix35 / Tucson ix in Korea We reported a few days ago on the new Hyundai Tucson – the Hyundai ix35 in Europe – but we won’t get the release in Europe until Frankfurt, although there will be more dribbles of info before then. Still, interesting to look at the ix35 launch in its home market, where it will be known as the Hyundai Tucson ix. This is yet another car from Hyundai that will create a few waves of consternation amongst established names like Ford and VW.

Chrysler beefs up holiday incentives

Chrysler, seeking to boost sales after a dismal October, launched a major new incentive campaign Friday. Chrysler timed the announcement so dealers could place ads in their local media outlets over the weekend and ahead of the Thanksgiving holiday period. The incentives take effect today and run through Jan.