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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.
BMW M Car sales keep growing
Sun, 14 Dec 2008Now here’s a conundrum. Why do sales of BMW M Cars keep growing, when every other car maker (bar a couple of exceptions like Audi) are seeing sales decimated? Is it because the cars are so good?
Seat Bocanegra
Mon, 03 Mar 2008By Tim Pollard First Official Pictures 03 March 2008 22:47 What’s new on Seat’s Geneva Motor Show stand?It’s all about the new Ibiza on the Mediterranean-themed Seat stand today. Forget the Bocanegra badge, this concept is a thinly veiled teaser for the new supermini due to hit showrooms at the end of the year.It looks pretty special, a tantalisingly taut three-door supermini with good proportions and a fresh take on the swooping wheelarch line that has come to epitomise modern Seats. We’re less keen on the blindspot-inducing quarterlights, though.