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Car giant starts recruitment phase

CAR GIANT Jaguar Land Rover has started recruiting for the first phase of 1,700 new jobs to support production of new vehicles. The company said 500 production staff will be taken on as part of expansion plans at its factory in Solihull, West Midlands. The carmaker is investing £1.5 billion in the UK and plans to increase its workforce at Solihull to almost 8,000.

Nissan plans to build the Infiniti JX in Tennessee

Nissan Motor Co.'s assembly plant in Smyrna, Tenn., will build the new seven-passenger Infiniti JX crossover next year, the chairman of Nissan Americas said Wednesday. The move is part of Carlos Tavares' mission of getting Nissan and Infiniti products out of yen and into dollars, but that will require the automaker to move some products around. Tavares also wants to buy more parts from North American suppliers.

Ford reaches agreement to sell Volvo to Geely for $1.8 billion

Ford has reached an agreement to sell its Swedish brand Volvo to Chinese carmaker Geely for about $1.8 billion in a multinational sale expected to close in the third quarter of this year. The pending agreement was announced onSunday morning, and Ford will continue to supply powertrains, stamping and other parts to Volvo after the sale. If it closes, the landmark deal delivers the premium Volvo brand--long a benchmark for automotive safety--to a Chinese firm that has ambitious plans for growth.