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Ford completes sale of Volvo to China's Geely
Mon, 02 Aug 2010Ford said today it has completed the sale of Volvo Cars to Zhejiang Geely Holding Group for $1.8 billion. Divesting Volvo completes Ford CEO Alan Mulally's strategy of exiting European luxury brands to focus on the core Ford brand, following the U.S. carmaker's 2007 sale of Aston Martin, and of Jaguar and Land Rover to India's Tata Motors Ltd.
2013 Mercedes-Benz SL previewed by leaked brochure
Tue, 13 Dec 2011Here's the image that has the Web abuzz today--an apparent brochure scan of the 2013 Mercedes-Benz SL distributed by a European automotive site. Design cues reminiscent of the SLS AMG are unmistakable, and the new SL also takes on a fairly prominent iteration of the corporate front fascia. Underneath, Mercedes is promising a new aluminum architecture that will save weight while boosting rigidity.
Study: Distracted driving deemed socially unacceptable among young drivers
Wed, 17 Apr 2013A new survey shows that young drivers think it’s socially unacceptable to drive distracted. This data is among the results of tiremaker Bridgestone Americas Inc.'s annual survey that polls more than 2,065 drivers aged 16 to 21 nationwide. Of those drivers, 80 percent said sending texts and emails is "unacceptable." But our distracted-driving epidemic isn't solved yet; 37 percent admit to still doing it.