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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.

Renault’s electric cars ‘will cost the same as its diesels’

By Richard Yarrow Motor Industry 28 April 2009 12:10 Three electric vehicles (EVs) in development by Renault will cost the same as the equivalent diesels in Britain, the company has confirmed to CAR Online. Battery-powered electric Renaults are expected to cost from around £15,000 when they arrive in the next couple of years. The announcement takes into account the UK Government’s £5000 EV incentive scheme announced earlier this month.

Aston Martin & Mercedes join forces

Aston Martin Production will soon see an injection of Mercedes DNA This isn’t the first time we’ve talked about a partnership between Aston Martin and Mercedes, but according to Car & Driver it’s now just about a done deal. As long ago as March 2009 we reported that Mercedes supplied the basis for the Lagonda SUV Concept (a Mercedes GL), and six months later we reported that Aston Martin were working on a Mercedes S-Class based Lagonda saloon. More recently we reported that the GL-based Lagonda SUV was back on and that Mercedes wanted Aston Martin to put together the next generation of Maybach.