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Toyota ditches Corolla badge

By Phil McNamara Motor Industry 30 July 2006 12:16 The Corolla brand is going the same way as Oldsmobile, Jif and Marathon – to the knacker's yard. It may be the most venerable nameplate in motoring history, but Toyota is ditching the Corolla badge in western Europe. The latest incarnation of the Japanese family car will be unveiled at the Paris motor show in September 2006, but it won't be wearing the Corolla logo.

Beanz Meanz More Eco-Friendly Future Fords

THE car industry is full of interesting and unusual business partnerships, but this latest tie-up between Ford and Heinz promises to be one of the more intriguing. Far from seeking to produce 57 varieties of any particular new Ford model, the two firms are exploring the use of tomato fibre to develop a sustainable composite materials for use in vehicle manufacturing. For example, boffins believe that dried tomato skins could become the wiring brackets in future Ford vehicles or the storage bin a customer uses to hold coins and other small objects.

Ford reaches agreement to sell Volvo to Geely for $1.8 billion

Ford 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 on Sunday 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.