Cars
Going it alone on new model development is a costly endeavor even for large automotive groups – and practically out of the question for smaller manufacturers.
- U.s.-bound Volvo Xc60 Plug-in Hybrid Makes World Premiere In Detroit
Seeing Volvo’s president and CEO Stefan Jacoby driving the all-new XC60 Plug-in Hybrid Concept on stage during the car’s launch in Detroit shows how important the U.S. market is to the (Chinese-owned) Swedish manufacturer. That’s...
- China's Geely Completes Takeover Of Volvo From Ford
Chinese carmaker Zhejiang Geely Holding Group Co. (simply known as Geely) completed the purchase of Volvo Cars from Ford Motor Co. on Monday. According to Ford, Geely paid $1.3 billion in cash today and issued a $200 million note for the acquisition...
- China's Beijing Auto Also Interested In Buying Volvo
A second Chinese firm has been added to the list of potential bidders for FoMoCo's Volvo division. Aside from Geely Automobiles Holdings, the Wall Street Journal reported on Wednesday in its online edition that the Chinese government-owned Beijing...
- Mercedes-benz Ends Talks With Fiat Group
According to a report from German car magazine Auto Motor Und Sport, Mercedes-Benz has ended talks with Fiat about a possible partnership between the two groups in concern of platform sharing due to the fact that MB didn’t find any cost advantages....
- Ford: Jaguar & Land Rover To Be Sold Until December!
One down (Aston Martin) two, maybe even three (Volvo), to go: Ford plans to get rid (others call it a sale) of its two remaining British premium brands Jaguar and Land Rover until mid-December, the Spanish daily El Mundo reported, citing Ford Europe chairman...
Cars
Wanted: Automotive Partner for Small Car Development; Contact Volvo
Going it alone on new model development is a costly endeavor even for large automotive groups – and practically out of the question for smaller manufacturers.
Volvo until now has built all of its models around the platforms and powertrains from its former owner Ford. Now it is seeking a new partner to jointly develop its next generation of compact models.
Currently owned by Chinese carmaker Geely, Volvo recorded an impressive 20 percent increase in sales last year. Still, with some 450,000 units, it remains a small player in the global automotive industry, thus the need for cost sharing on new model development.
Read more »- U.s.-bound Volvo Xc60 Plug-in Hybrid Makes World Premiere In Detroit
Seeing Volvo’s president and CEO Stefan Jacoby driving the all-new XC60 Plug-in Hybrid Concept on stage during the car’s launch in Detroit shows how important the U.S. market is to the (Chinese-owned) Swedish manufacturer. That’s...
- China's Geely Completes Takeover Of Volvo From Ford
Chinese carmaker Zhejiang Geely Holding Group Co. (simply known as Geely) completed the purchase of Volvo Cars from Ford Motor Co. on Monday. According to Ford, Geely paid $1.3 billion in cash today and issued a $200 million note for the acquisition...
- China's Beijing Auto Also Interested In Buying Volvo
A second Chinese firm has been added to the list of potential bidders for FoMoCo's Volvo division. Aside from Geely Automobiles Holdings, the Wall Street Journal reported on Wednesday in its online edition that the Chinese government-owned Beijing...
- Mercedes-benz Ends Talks With Fiat Group
According to a report from German car magazine Auto Motor Und Sport, Mercedes-Benz has ended talks with Fiat about a possible partnership between the two groups in concern of platform sharing due to the fact that MB didn’t find any cost advantages....
- Ford: Jaguar & Land Rover To Be Sold Until December!
One down (Aston Martin) two, maybe even three (Volvo), to go: Ford plans to get rid (others call it a sale) of its two remaining British premium brands Jaguar and Land Rover until mid-December, the Spanish daily El Mundo reported, citing Ford Europe chairman...