Li Shufu, dubbed the "Chinese Henry Ford," was the driving force behind the unlikely takeover of the world renowned Volvo brand by a relative unknown. China's Zhejiang Geely Holding Group, chaired by Li, today completed the $1.
Full story...
Ford Motor Co., long known for pickups and SUVs, will emphasize cars, crossovers and fuel-efficient engines in the next few years.
Full story...
Geely Holding Group named Volkswagen's Stefan Jacoby as CEO of Volvo Cars, after completing its acquisition of the Swedish brand from Ford.
Full story...
Ford said today it has completed the sale of Volvo Cars to Zhejiang Geely Holding Group for $1.8 billion.
Full story...
Ford today (2 August) confirmed the sale of its Volvo division to Zhejiang Geely Holding Group for US$1.8bn.
Full story...
Chinese firm completes £1.14bn purchase of Volvo from Ford.
Full story...
Volvo is remaining tight-lipped surrounding speculation that Zhejiang Geely Holding could complete its purchase of the Swedish automaker from Ford today (2August).
Full story...
Ford said today it has completed the sale of Volvo Cars to Zhejiang Geely Holding Group for $1.8 billion. Geely named Stefan Jacoby, CEO of Volkswagen Group of America, to be the new CEO of Volvo Cars.
Full story...
Ford said today it has completed the sale of Volvo Cars to Zhejiang Geely Holding Group for $1.8 billion. Divesting Volvo completes Ford CEO Alan Mulally's strategy of exiting European luxury brands to focus on the core Ford brand, following the U.S.
Full story...
So is the redesigned 2011 Ford Explorer an SUV or a crossover? As automakers move away from traditional SUVs, they are creating different formulas. Some are closer to SUVs, such as the redesigned 2011 Jeep Grand Cherokee.
Full story...
Ford Motor Co., long known for pickups and SUVs, will emphasize cars, crossovers and fuel-efficient engines in the next few years. The company wants to be the fuel economy leader, and federal mpg standards are rising.
Full story...
According to the agreement signed in March 2010, the total purchase price for Volvo and related assets is $1.8 billion, including a $200 million note and the balance in cash. Geely signs the largest overseas acquisition of any Chinese automaker so far.
Full story...
It was a victory celebration of high emotion.
Full story...
(Toronto, ON) - July 27, 2010 - Ten years ago Toyota launched a new kind of car in North America. It was the Prius, an affordable car with a hybrid gas/electric powertrain. In the decade that followed, the Prius made an indelible mark on the automotive industry.
Full story...
Ford said sales of new light vehicles in July will trump results in the year-ago period, largely due to increased demand for the F-series pickup. In July 2009, Ford sold 158,838 vehicles.
Full story...
In this AW Product Profile, we take you inside the 2011 Ford Explorer.
Full story...
Blue Oval’s engineers take to The Alps to ensure next Focus is a winner.
Full story...