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Ford reaches agreement to sell Volvo to Geely for $1.8 billion
Sun, 28 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 onSunday 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.
Audi to offer Apple and Android smartphone integration from 2015
Mon, 07 Jul 2014By Adam Binnie Motor Industry 07 July 2014 11:48 Audi drivers will soon be able to use smartphone functions in their cars, as the company becomes the latest to adopt new integration technology from Android and Apple. Google’s Android Auto and Apple’s CarPlay software platforms will be available from 2015, in what Audi describes as a ‘milestone in smartphone integration’. The system will eventually allow Audi drivers to connect their smartphone to the car’s Multi Media Interface to make calls, send and receive messages, as well as getting directions and playing music.
Bentley Races Ahead With High Performance Continental GT3-R
Wed, 18 Jun 2014LUXURY car maker Bentley has pulled the wraps off its new racecar-inspired Continental GT3-R. Taking inspiration from the firm’s new GT3-spec competition machine, the GT3-R is said to blend high performance with Bentley’s trademark luxury approach to motoring. The GT3-R will be a rare beast, too.