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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.
2010 Interior Motives Design Awards
Mon, 15 Mar 2010The eighth annual Interior Motives Design Awards has opened for registration. Themed ‘Driving the Interior Revolution', this year's contest – hosted by our quarterly interior design publication Interior Motives – challenges design students around the world to come up with innovative designs that offer new solutions to the problems and opportunities facing vehicle designers in the 21st century. Students are tasked with creating a design that fulfills one of the following four briefs, which this year have been set by Volkswagen and Peugeot: Pay as you go (set by Volkswagen) Design a pay-as-you-go vehicle.
CCS Ford Model T project
Fri, 13 Jun 2008This past semester, eleven junior-level College for Creative Studies (CCS) Transportation Design students were asked to reinterpret an automotive icon: the Ford Model T. Over the course of the 16-week semester the students created 11 different concepts for a Model T for the future without forgetting the underlying principle - creating an icon that would have equal significance and social impact like the 100 year old original. On April 30 each of the students presented their research, sketches, renderings and one- quarter scale models judged by Peter Horbury, Ford Executive Director of Design, The Americas and Pat Schiavone, Ford's Design Director for North America Trucks and CUVs. The winning concept, which the judges thought best embodied the spirit, innovation and sociological impact equal to that of the original Model T, was created by Dong Tran, of Cicero, New York.