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Alfa Romeo Giulietta Diesel: The middle child
Fri, 04 Feb 2011Alfa Romeo Giulietta Diesel 138bhp Alfa Romeo seem to be doing much right – and much less wrong – than ever before. Yet they also seem to be floundering and struggling to make the volume of sales they need to be viable. Maybe buyers are still expecting Alfas to break before breakfast and disintegrate in to a mass of perforated panels inside the first year.
Ford reaches agreement to sell Volvo to Geely for $1.8 billion
Sun, 28 Mar 2010Ford 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 onSunday 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.
Penske Automotive will buy Saturn from GM
Fri, 05 Jun 2009IndyCar team owner and Detroit businessman Roger Penske has an agreement with General Motors to buy the Saturn brand, it was announced Friday. The proposed deal could close in the third quarter, and GM would continue to build the Saturn Aura, the Vue and the Outlook on a contract basis for Penske Automotive Group, which is the nation