Zhejiang Geely Holding Group, China's largest private-run carmaker, agreed on Sunday to buy Ford Motor Co.'s Volvo car unit for $1.8 billion, the country's biggest overseas auto purchase.
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Zhejiang Geely Holding Group, China’s largest private-run automaker, agreed on Sunday to buy Ford Motor’s Volvo car unit for $1.8 billion, the country’s biggest overseas auto purchase. Full story…
In the hunt for vital cost savings in the small car segment, Daimler AG is willing to blur a line in the sand it has drawn since its 2007 Chrysler divorce. The luxury producer is ready to acquire equity in a volume carmaker again.
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Shanghai Automotive Industry Corp. plans to build and sell a right-hand-drive version of its newly unveiled Roewe 350 hatchback in England, said Chen Zhixing, executive vice president of SAIC.
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In the hunt for vital cost savings in the small car segment, Daimler is willing to blur a line in the sand it has drawn since its 2007 Chrysler divorce. The luxury producer is ready to acquire equity in a volume carmaker again.
Full story...
In the hunt for vital cost savings in the small car segment, Daimler AG is willing to blur a line in the sand it has drawn since its 2007 Chrysler divorce. The luxury producer is ready to acquire equity in a volume carmaker again.
Full story...
Unions have expressed concern about jobs losses at Fiat's factories in Italy that will be partly caused by the automaker's plans to build Fiat, Alfa Romeo and Lancia cars for Europe in Chrysler's North American factories
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Monaco -- A Tesla Roadster has become the first electric vehicle to win the Monte Carlo Alternative Energy Rally and the first to win an FIA-sanctioned competition.
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Ralf Schumacher (Mercedes) set the best performance of the last day of collective test in Valencia.
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Moments earlier, seeing a four-door Porsche made this guy do a quadruple take and curious walk-around. Styling gave the brand away-- though the badging was all obscured by a few hundred kilometres worth of salty, February road spray.
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Fernando Alonso still leads the championship although he finished out of the podium in Melbourne. The rain helped Jenson Button to offer a great show in Australia, taking his first win in Silver.
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The smart fortwo is part of the roadscape of modern cities and plays a role in shaping their change. New technologies and environmental framework conditions influence the future of urban areas and the way we live in cities.
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The prototype of a multifunctional car key was also developed as a means of networking the mobility experience with the driver's lifestyle. The BMW Key is provided with a security chip that provides personalised access to the vehicle as well as allowing the driver to make cashless purchases, while also enabling other functions such as memorising the e-booking for hotel rooms.
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China's Zhejiang Geely Holding Group will sign an agreement on Sunday with Ford to buy the U.S. carmaker's Volvo car unit, a Volvo spokesman said.
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China's Zhejiang Geely Holding Group will sign an agreement on Sunday with Ford to buy the U.S. carmaker's Volvo car unit, a Volvo spokesman said.
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General Motors Co. is recalling about 5,000 heavy-duty vans and stopping production and sales because of alternators that could cause engine fires.
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Mahindra and Mahindra is likely to freeze investments in its joint venture with Renault in a move that would see the company cede its majority stake to its French partner, the Economic Times reported.
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Geely founder Li Shufu, China’s “Henry Ford,” looks set to rewrite the automotive history books this weekend with the purchase of Ford Motor Co.’s Volvo car unit. Full story…
Fiat boss Sergio Marchionne said Italy remains pivotal for the group, despite the planned closure of a large plant in Sicily and expansion abroad to fight a global crisis that has crippled the car sector.
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Geely founder Li Shufu, China's "Henry Ford," looks set to rewrite the automotive history books this weekend with the purchase of Ford Motor Co.'s Volvo car unit.
Full story...
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