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Ford puts Volvo up for sale

Having spent most of the last twenty years carefully building up a portfolio of Prestige European car makers, including Jaguar, Land Rover, Aston Martin and Volvo, the last of these, Volvo, has now been put up for sale by Ford. This hardly comes as a surprise when you see the precarious state of Ford. It’s busy going cap-in-hand to the US government looking for a bail out, and selling off Volvo could add several hundred million pounds to its decimated balance sheet.

Tata says hello with the Tata Nano Europa

The Tata Nano Europa - expected to come to Europe as a sub £5k car [ad#ad-1] Tata has had a pretty torrid time of late, what with problems in India and the decimation of the world car markets, which has badly affected sales of its recently acquired Land Rover and Jaguar marques. But as we reported last week, they have just landed a huge contract to supply Jaguars and Land Rovers to the Chinese, which will ease problems at JLR, and now they’re on a world-domination cheapest-car quest with the Nano Europa. The Nano Europa is the version of the little Tata that is going to be launched in Europe, and has just previewed at Geneva 2009.

New entry-level Caterham Seven to cost under £17k

The new entry-level, sub-£17k Caterham Seven If there’s one thing you know about the Caterham Seven – Caterham’s recreation of Colin Chapman’s iconic Lotus Seven – it’s that it’s not b exactly laden with fripperies and heavy technology. So when Caterham tell us that they’re soon going to launch a new, entry-level, Seven that takes the Seven “…back to its simple design roots” we do wonder how much simpler the Seven can be than it already is. But Caterham say the new Seven will be probably the most fuel efficient car they produce with a new EU-6 compliant engine providing accessible fun for ‘under £17k’.