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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.
Royal College of Art's Class of 2013 launches real-time projects blog
Wed, 20 Mar 2013The Royal College of Art's Vehicle Design Class of 2013 has launched a new blog that will allow the public to follow their projects and studio work from ideas to exhibition for the first time in the course's 40-year history. The blog, which is updated daily, allows people to follow the process of the 18 MA students' final projects and college work in real-time and give them a ‘behind the scenes' look at their progress. RCA student Ewan Gallimore, speaking on behalf of the class, tells Car Design News, "So much of the work and process is unseen and by regularly updating this blog we give the chance for people to follow and interact with the run up to our show.
Audi plays paintball with RS4 Avants
Tue, 26 Feb 2013The latest generation of cars from Ingolstadt has finally mitigated the nose-heavy feeling we didn't enjoy in previous automobiles from the company. Now they've mitigated the lack of paintball guns, adding them to a pair of RS4 Avants -- done up in Spy-vs.-Spy black and white, natch -- and setting them loose in a hangar, framing the whole shebang with a smidge of Super Nintendo-vintage video-gaminess. Still no dice on getting one in the states, though.