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Ford reaches agreement to sell Volvo to Geely for $1.8 billion
Mon, 29 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 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.
New Jeep Grand Cherokee (2011): UK Price & Models
Tue, 28 Jun 20112011 Jeep Grand Cherokee UK - Diesel only Interestingly, the pile of blurb we got in from Jeep UK on the 2011 Jeep Grand Cherokee made the assertion that Jeep “…invented the premium SUV (sport-utility vehicle) segment with the introduction of the Jeep Grand Cherokee.” Really? Still, we have a soft-spot for the big Yank-Tank that is the Jeep Grand Cherokee so we’ll put that statement down to nothing more than a bit of PR hubris, rather than a genuine claim. Much of what we know already about the new Grand Cherokee since it was revealed over a year ago remains unchanged with its arrival in the UK.
Join CDN live from the RCA on 24 June 2010
Mon, 21 Jun 2010Car Design News will be reporting live – via Twitter – from the Vehicle Design MA Degree Show 2010 at the Royal College of Art (RCA) in London on the afternoon of Thursday, 24 June (after 13:00 GMT). The CDN team will be attending the show and interviewing the RCA's student designers, researchers, tutors, alumni, automotive experts and other professionals in attendance from the design community. We'll be posting all our news, photos, video clips and interviews to CDN's Twitter site so CDN's audience can get a real insight into innovative, future transport solutions from some of the world's most talented vehicle design students. At 16:00 GMT, the day culminates with a CDN exclusive online opportunity to "remotely attend" this year's Pilkington Vehicle Design Awards direct from the RCA via webinar.