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Ford to sell off Volvo: newsflash

By Tim Pollard Motor Industry 01 December 2008 15:18 Ford has just announced it is putting Volvo up for sale. The strategic review, announced today, is part of the Blue Oval’s rescue plan and, if it does sell its Swedish outpost, it could add hundreds of millions to Ford’s wonky balance sheet. The news underlines the collapse of Ford’s global ambitions.

Nissan sketches future compact car plans

Nissan has unveiled a sketch of a compact car that it plans to sell around the world. The carmaker released few specifics, but the vehicle will be sold in more than 150 countries and is set to launch first in Thailand in March 2010. The car will qualify as Thailand's first “eco-car,” which is a government policy to help promote energy-efficient vehicles.

Toyota targets conventional engine in defense of green image

In the race to boost fuel economy, overhauling the internal combustion engine is all the rage. Ford, Hyundai and Mazda are among those focusing on direct injection, turbochargers and improved transmissions as they reinvent their powertrain lineups. So with its emphasis on hybrids, Toyota Motor Corp.