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Going, going, gone: Ford sells Volvo to Geely
Mon, 02 Aug 2010Little more than a year ago, the name Geely would happily slip under the radar of most. Today, the Chinese company completed its purchase of Volvo from Ford. Geely stumped up a $1.3 billion in cash for the Swedish brand and issued a $200m note.
Toyota will push safety in ad blitz
Mon, 06 Sep 2010Its image still bruised by driver complaints about unintended acceleration, Toyota Division has decided to revamp its marketing message and shift the focus to safety in a big way, top executives said last week. Toyota Motor Sales U.S.A.'s sales fell 34 percent in August and are down 1 percent for the year--it's the only major manufacturer with a decline for 2010. Executives admit consumers have doubts about the safety and quality of Toyota vehicles, so they are planning an advertising blitz to counter that perception.
Seven things we learned about the Aston Martin DP-100 concept car
Tue, 22 Jul 2014By Tim Pollard Motoring Issues 22 July 2014 08:59 The new August 2014 issue of CAR magazine has a stunning, eight-page photoshoot on the Aston Martin DP-100 concept car. We met its makers and spent a day with the amazing mid-engined supercar – where we learned the following nuggets. ‘One of the phrases that we like to use is “out of chaos, something arises,”’ said design director Marek Reichman.