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Ford completes sale of Volvo to China's Geely
Mon, 02 Aug 2010Ford 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. carmaker's 2007 sale of Aston Martin, and of Jaguar and Land Rover to India's Tata Motors Ltd.
New Nissan Note production starts in Sunderland
Mon, 16 Sep 2013The New Nissan Note goes in to production The new Nissan Note arrived at the Geneva Motor Show in March, and has turned in to a proper compact hatch – with plenty of kerbside appeal – instead of the rather bland small MPV it used to be. With better looks, some nice styling detail and lots of technology on offer – like Blind Spot Monitoring, Lane Departure Warning and Moving Object Detection, the new Note looks set to have much more impact when it arrive’s in Nissan’s showrooms than the old Note ever did. That point of view is given extra credence by the 14,000 orders Nissan has received for the new Note in Europe since it went on sale in July, and now the first Notes are ready to start rolling off the production line at Nissan’s plant in Sunderland.
2015 Honda CR-V Facelift Paris 2014 debut
Wed, 01 Oct 2014The 2015 Honda CR-V Facelift gets a Paris 2014 debut It’s two years since the latest Honda CR-V arrived in the UK (and a chunk longer since it arrived in the US and Japan), so it’s a time for a refresh, with the facelifted Honda CR-V for 2015 revealed ahead of a debut at the 2014 Paris Motor Show later this week. Under the skin, the four-wheel-drive versions of the new CR-V get a more powerful 1.6 litre i-DTEC diesel engine from Honda’s Earth Dreams series, which replaces the current model’s 2.2 litre diesel. The new 1.6 litre comes armed with 158bhp and 258lb/ft of torque and emissions of 130g/km (with the six-speed manual) or 135g/km when mated to the new 9-speed auto ‘box – savings of 11 and 20 cent over the old engine/gearbox combinations.