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Ford and Geely agree on Volvo sale, could finalize deal in early 2010
Wed, 23 Dec 2009Ford expects to sign a deal to sell its Volvo car unit to China's Zhejiang Geely Holding Group by the first quarter of 2010 and close the deal in the second quarter, the U.S. automaker announced today. Ford said that all of the deal's key commercial terms have been settled.
Opel product chief Weber quits to take job with yet-unnamed rival
Thu, 07 Apr 2011Frank Weber, the German-born engineer who helped lead development of the Chevrolet Volt and Opel Ampera hybrids, is leaving General Motors' Opel unit to work for an as-yet unnamed competitor. Weber has been Opel's product chief since November 2009. His departure was reported Thursday by Automotive News Europe and confirmed by company sources.
John Fitch memorial set for Dec. 1 in Lime Rock
Tue, 20 Nov 2012Inventor, race-car driver, fighter pilot and friend John Fitch passed away on Oct. 31. A memorial service will be held at 2 p.m.