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Geely president Li Shufu admits disputes with Volvo managers
Tue, 16 Nov 2010Three months after becoming the new owner of the Swedish car brand Volvo, Zhejiang Geely Holding Group Co. President Li Shufu said he disagrees with Volvo's management about its product plans. Speaking last week at a forum hosted by the Chinese Web site of the Financial Times in Shanghai, Li said that Volvo should develop large cars for China.
Aston Martin sales UP in 2013 – new platform being developed
Tue, 29 Apr 2014Aston Martin sales and revenue up in 2013 Aston Martin has revealed its results for 2013 – its centenary year – which show the coolest car brand on the planet managed to increase sales by 11 per cent – to around 4,200 cars – and revenue to £519 million, an increase of 13 per cent over 2012. Aston Martin’s earnings before EBITDA (that’s earnings before interest, taxes, depreciation, and amortization) were up a strong 22 per cent to £84.8 million, demonstrating strong operating profitability, although actual earnings were marginal. But Aston Martin are bullish about the performance, and equally bullish about the future.
Nissan Juke – revealed UPDATE: +video
Wed, 10 Feb 2010Nissan has revealed the Juke Crossover ahead of Geneva We told you about ‘The Final Countdown’ press release Nissan sent us for the Nissan Juke the other day so I hope you tied a knot in your hankie and bookmarked us so you didn’t miss out. We now have lift-off. The Nissan Juke, all mickey taking aside, looks to be something of a winner.