Premier Automotive Group


REPORT: Ford sells off former PAG headquarters in Irvine

Not long ago, Ford's Premier Auto Group was filling the halls of a big office building in Irvine California. In recent years, Aston Martin, Land Rover and Jaguar were sent packing, and Lincoln dragged itself back to Detroit, leaving the halls lonely for sole survivor Volvo, which is also headed back to Rockleigh, New Jersey. Rather than pay for a constantly emptying building, Ford has sold its Premier Auto Group HQ to Transpacific Company. The $73 million dollar deal removes a liability from Ford's balance sheet, although Ford had already ... Read more →

BMW buying Volvo rumour circulates again John Neff

Earlier this month, Autocar reported that BMW had expressed significant interest in buying the Volvo brand from Ford Motor Company early in 2007. The report claimed BMW had gone so far as to request ...

Ford's Q1 loss better than expected Frank Filipponio

On slightly higher revenue, and with cost-cutting moves well underway, Ford Motor Co. posted a much smaller loss in Q1 of 2007 than for the same period in 2006. This year's net loss was a ...

Did you get your bid in? Auction closed for sale of Aston Martin Frank Filipponio

Did you get your bid in? Hope you didn't put it off to the last minute and let it slip by. After all, this IS one of the coolest car companies on the planet. Just think of yourself being able to say, ...

Q4 for Ford will be even worse, stock prices still rise Frank Filipponio

Oh boy. It looks like the $5.8 billion loss Ford just reported isn't the end of the red ink for the foreseeable future. On Oct. 23, new Ford Motor Co. CEO Alan Mulally had to announce those huge ...

Ford says Jag, Volvo and Land Rover aren't for sale 3 years ago on Autoblog

Although Ford has recently confirmed that Aston Martin is up for sale, they made a point of saying today that the rest of its premium brands, are not. Jaguar, Land Rover and Volvo are not part of the fire sale at Ford just yet. With the new, almost-as-sexy-as-an-Aston XK coupes and convertibles ...

Aston Martin makes a profit! 3 years ago on Autoblog

For the first time in forty years (!), Aston Martin has booked a profit, although theFord Premier Automotive Group to which it belongs lost about $100 million in 2005. Chief executive Dr. Ulrich Bez (smiling at right) attributes the company's good news to a global boom in millionaires, with about 70 ...

Ford scratching out a profit in Europe 3 years ago on Autoblog

Ford of Europe Chairman Lewis Booth (pictured with mischievous grin) was quoted Tuesday as confirming that Ford will be profitable in Europe in 2006, despite intense price competition and high prices for raw materials. The crowded European market is a challenging venue for many automakers, as ...






Autoblog Podcast #156: Paukert comes back for more! 

Chris, Dan, and Editor Paukert chat and give each other grief. Merriment ensues.

 
 

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