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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.
Land Rover Discovery range to grow with new models
Wed, 05 Mar 2014The Land Rover Discovery name is to be used on a new family of vehicles in a similar way to the Range Rover model range, the firm revealed at the Geneva Motor Show 2014. Currently used on the recently updated 2014 Discovery, the name will become a brand in 2015 as Land Rover broadens the range by introducing all-new model lines. GENEVA MOTOR SHOW 2014 LIVE BLOG Group marketing director Phil Popham revealed to MSN that these cars will be focused on versatility and practicality.
It’s the Jaguar F-Type Roadster UPDATED +video
Wed, 04 Apr 2012Jaguar F-Type Roadster The Jaguar F-Type is the production name for the C-X16 Concept and will arrive as a Roadster first in early 2013. Well, Jaguar F-Type was one of the monikers we pitched as a possibility for the new Jaguar Roadster and Coupe previewed by the C-X16 Concept, but it was a long way off the top of the list. But Jaguar F-Type it is and, for what it’s worth, we approve.