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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.
Publisher KC Crain promoted to vice president/group publisher
Wed, 22 Sep 2010AutoWeek publisher KC Crain, 30, has been named vice president/group publisher at Crain Communications Inc. with responsibility for Plastics News, Rubber & Plastics News, Tire Business and Waste & Recycling News, based in Akron, Ohio. He will also supervise the European-based titles of European Plastics News, European Rubber Journal, Plastics and Rubber Weekly and Urethanes Technology International.
Fiat to build crossover on 500 platform
Fri, 30 Mar 2012Fiat plans to start production of a crossover variant of its 500 minicar next year. The new model will be called the 500X, with the letter X standing for cross, company sources told Automotive News Europe. The car will replace the Sedici in Fiat's Europe lineup.