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Ford Verve Sedan
Thu, 22 Nov 2007Just as Mazda is exhibiting a sedan version of the 2 at Auto Guangzhou, the automaker's parent company, Ford, is revealing a sedan version of the Verve concept. The second in a series of concepts that will culminate with yet another variant set to be unveiled in Detroit, this 'notchback' provides further insight to the future small car design direction for Ford. Ford's European design team, which created the Verve concepts, applied Ford's kinetic design philosophy and built on the look of its hatchback sibling.
Chrysler sold in £3.76 billion deal
Thu, 17 May 2007By Ben Whitworth Motor Industry 17 May 2007 09:38 Chrysler has been sold. In one of the biggest private equity deals seen in the automotive industry, Cerberus Capital Management has purchased 80.1% of Chrysler in a £3.76billion deal, leaving DaimlerChrysler with the remaining 19.9% stake in the loss-making company. The move marks the close of arguably the most high-profile transatlantic merger and shuts the door on Canadian car assembly giant Magna and billionaire Kirk Kerkorian, who last month offered £2.27billion for Chrysler.
Bored of wheels? Wings are up for auction
Wed, 09 Jul 2014ONE-TIME opportunities don't come much rarer than having a chance to buy the only Panavia Tornado F3 in private hands anywhere in the world. Or a Harrier jump jet, if you prefer, and what's more the Harrier's flying days might not be over. That's right: alongside around 100 classic cars and motorbikes, Silverstone Auctions is to sell both of these astonishing pieces of British aviation history – with no reserve.