PremierAutoGroup


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 →

Ford stock up thanks to Kerkorian, Volvo remains "not for sale" Dan Roth

Kirk Kerkorian's associate Jerry York stated last Thursday that Ford would do well to sell Volvo and extinguish Mercury. Coincidentally (or not) Ford's stock zoomed up to one of the highest price ...

"How about we alienate our fans?" - Ford takes a page from the RIAA playbook Dan Roth

var digg_url = 'http://digg.com/offbeat_news/Ford_apes_the_RIAA_sues_Jaguar_fans_over_calendars'; The internet has made it incredibly easy for groups of enthusiasts to communicate and collaborate. ...

Cerberus joins group of financial investors to bid for Jaguar and Land Rover John Neff

While poring over the RSS feeds today, we noticed a tiny article in Automotive News about Ford's desire to sell off both Jaguar and Land Rover. The potential sale has been in the news as of late, but ...

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 saves Crystal Cove meet 3 years ago on Autoblog

CC is dead, long live CC. After getting the boot by the Irvine Company this past Saturday, Southern California car enthusiasts were concerned that the Crystal Cove car show would disappear all together. Not only were the car owners in dispair, but also the fans of these incredible vehicles from ...

Volvo's profitablity waning 3 years ago on Autoblog

In Ford's Premier Auto Group (PAG) one manufacturer has stood alone, sustaining a high degree of prosperity in the past. However, in the last two years, Volvo has seen a decline in its new vehicle sales and judging by figures from the first half of 2006, those numbers seem to be dwindling even ...

Ford to go Oldsmobile on Jaguar? 3 years ago on Autoblog

Jaguar must “find a way to fund its own future or face the consequences." That’s what Ford Motor Co. Chairman and CEO Bill Ford, Jr. told journalists in Detroit about Ford's “Big Cat." And the consequences? While the article didn’t state if Ford, Jr. was asked that ...






Autoblog Podcast #154: Gobbling up the News

Chris, Sam, and Dan kick out a podcast just in time for the long holiday drive.

 
 

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