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Concept Car of the Week: Oldsmobile Aerotech (1987)

In late 1984, Oldsmobile management had so much confidence in the potential of its new inline four-cylinder engine Quad 4, that a small team was assigned to the creation of the Aerotech, a research vehicle designed to demonstrate the engine's performance by setting a new world speed record. Ed Welburn, then assistant chief designer, was mostly working on the 1988 Cutlass Supreme but his passion for race cars made him the ideal candidate to be handed the assignment by Oldsmobile 2 studio's chief David North. Inspired by Le Mans racers such as the Porsche 917LH and Jim Hall's Chaparrals, he designed a long, flowing car that immediately seduced design director Chuck Jordan and GM management.

Jaguar XF SE Business & XF Sport launch

Jaguar XF SE Business 9left) and & XF Sport extend the XF range Jaguar has added the XF SE Business and XF Sport, both with the new 2.2 diesel engine, to the XF model range. Jaguar has chosen today to launch two new XF models – the Jaguar XF SE Business and Jaguar XF Sport – to coincide with the XF being declared ‘Executive Car of the Year’ by Business Car. Another gong for the XF, and two new models for the XF range.

Ford and Geely agree on Volvo sale, could finalize deal in early 2010

Ford 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.