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Ford names China's Geely as preferred bidder for Volvo
Wed, 28 Oct 2009Chinese automaker Geely Group Holding Co. is Ford Motor Co.'s preferred bidder to purchase Volvo Car Corp. Ford said Wednesday that it will start more detailed negotiations with Geely, adding that no final decisions have been made.
Volvo's autonomous car is boring enough to work
Fri, 16 May 2014Volvo is a bit of an enigma. The Chinese-owned Swedish automaker releases a stunning concept from time to time, and we're often pleasantly surprised by the Volvos that enter out test fleet, but it hasn't done much to generate sales numbers -- or buzz -- in the North American market. Maybe that's because Volvo is too busy looking down the road to focus on selling cars now.
Hyundai & Kia to spend up to $395 million on lump sum fuel settlements
Fri, 27 Dec 2013Hyundai & Kia to spend up to $395 on lump sum fuel settlements Back in 2012, Hyundai and Kia had to stand up and accept that they’d overstated the official economy of a number of their models and attempt to put things right. They did that by offering all buyers of affected cars a compensation plan which repaid owners for their losses over expectation, added 15 per cent for good measure and made that ongoing for the lifetime of the ownership. But this is the USA, so it wasn’t all as straightforward as that.


