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Ford completes sale of Volvo to China's Geely
Mon, 02 Aug 2010Ford said today it has completed the sale of Volvo Cars to Zhejiang Geely Holding Group for $1.8 billion. Divesting Volvo completes Ford CEO Alan Mulally's strategy of exiting European luxury brands to focus on the core Ford brand, following the U.S. carmaker's 2007 sale of Aston Martin, and of Jaguar and Land Rover to India's Tata Motors Ltd.
Driving licence charges set to fall
Mon, 28 Jul 2014DRIVING LICENCE fees are to fall, with larger reductions for those who carry out online transactions, the Government has announced. The plans, which are to be consulted on, envisage drivers who apply online for their first driving licence would see the fee drop from £50 to £34. Drivers who renew their licence after 10 years would see the fee drop from £20 to £14.
One Lap of the Web: Porsche at Le Mans, F-150 reclaims the flag and Foose talks classic rods
Tue, 25 Jun 2013We spend a lot of time on the Internet -- pretty much whenever we're not driving, writing about or working on cars. Since there's more out there than we'd ever be able to cover, here's our daily digest of car stuff on the Web you may not otherwise have heard about. -- We covered the 24 Hours of Le Mans top to bottom including every make and class, but if your preferred marque is Porsche you might enjoy the Porsche Purist's look at how cars from Stuttgart fared during the endurance classic, complete with photos, stats and results.