Sales Figures: August, 2010
The numbers are (mostly) in, and the news isn’t good. August sales were down over 5% from July’s, and none of the major automakers were […]
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Ford’s sale of Volvo: Complete. Geely’s cost: $1.8 Billion
Well, it’s finally happened – Ford completed the sale of Volvo to Geely, the Chinese automaker. Geely forked over 1.8 billion, according to a press […]
GM: Saab sale to Spyker is completed!
It seems that the “wind down” of Saab will have to be postponed. GM announced on Tuesday that the sale of Saab to Spyker automotive […]
Breaking News: Hummer sale falls through, GM to wind it down
I know I’ve said it before in the case of Saab, but this time I believe GM – they’re going to wind down the Hummer […]
Breaking News: Ford, Geely come to terms with Volvo's Intellectual Property
As part of Ford’s renaissance, they have been cutting costs and pumping money into research and development (R&D). It started in 2007, when current CEO […]