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Ford puts Volvo up for sale
Mon, 01 Dec 2008Having 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.
Bentley SUV: first picture revealed
Wed, 19 Mar 2014Bentley has revealed the first official image of its new SUV, which is due to go on sale in 2016. Although the new car is effectively set to rival the upper end of the Range Rover model line-up, Bentley is keen to emphasise the new SUV’s exclusivity, saying that it will be the most luxurious and powerful SUV on the market. Speaking at a press conference in London today, Dr Wolfgang Schreiber, chairman and chief executive at Bentley Motors, said: “It will create a completely new segment in the SUV market.” First revealed as the EXP 9 F concept car back at the Geneva Motor Show in 2012, the new SUV will be crucial to Bentley as it looks to increase its sales over the next few years.
Kia Niro Frankfurt concept is a Rio on HGH
Thu, 29 Aug 2013Kia is muscling up for the Frankfurt auto show next month with the Niro concept. The Korean brand says the vehicle hints at a possible future B-segment contender. The Niro looks like a Rio on steroids.