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Mark Fields replaces Alan Mulally as Ford CEO

Ford Motor Co. named Mark Fields to replace Alan Mulally as CEO on July 1, handing the reins to a 25-year company veteran after being saved by an auto industry outsider. “From the first day we discussed Ford's transformation eight years ago, Alan and I agreed that developing the next generation of leaders and ensuring an orderly CEO succession were among our highest priorities,” Executive Chairman Bill Ford said in a statement.

Volvo S90, V90 and V90 Cross Country on the way

The Volvo V70 (pictured) will become the new Volvo V90 All the talk for Volvo lately has been the new 2015 Volvo XC90, an impressive offering that really does look like it will take the fight in the ‘Premium’ SUV market to the Germans (and even to Land Rover). But the new XC90 is just the start of Volvo’s new model line-up, and the next couple of years will see more new models arriving with Volvo’s new Scalable Product Architecture (SPA) and the new range of 4-cylinder, 2.0 litre engines. What we now also know, thanks to Volvo’s Dennis Nobelius, is that the replacements for the S80, V70 and XC70 won’t use the current nomenclature but will be given new names to better reflect their upmarket aspirations (and their place in Volvo’s new line-up).

George Formby's Rolls Royce goes to auction

A CLASSIC 1950 Rolls-Royce originally owned by British comedian and film star George Formby is up for grabs at auction on 30 November. The 1950 Rolls-Royce Silver Wraith was on display at that year’s Earls Court Motor Show and caught Formby’s eye, so he bought it there and then. Formby was a big customer for Rolls-Royce and owned 26 of the British luxury cars during his lifetime.