Archive for March, 2010

March 30, 2010

Volvo Finally Goes Chinese

Written by: Richard

News has just come through that Volvo is finally going Chinese after months of speculation.

It has just been formally announced that the other iconic Swedish car maker has been sold by its current owner- The Ford Motor Company- to Geely of China, but at a huge loss to Ford.

They purchased it twenty years ago for nearly ten billion dollars, but will collect just over four billion dollars from Geely, and they have suffered some huge losses in the interim.

Due to Chinese red tape the ......

March 4, 2010

Crystal Ball Gazing

Written by: David

Massive changes are happening in the motor industry right now, so can you imagine what it’s going to be like in twenty years time?

We asked three of our staff members what they thought the likely trends could be.

Their thoughts varied from all-electric cars to plastic engines and a China/India domination.

Click here to read the full article. If you disagree or have any other thoughts to add we’d love to hear from you, so please add your comments below

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