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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 ...
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BREAKING: Toyota to recall 3.8M vehicles to reshape and replace pedals
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VIDEO: 2010 Dodge Viper ACR makes the rounds at Laguna Seca, sets track record
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Quick Spin: Nissan Leaf the tip of mass market EV spear
Breaking news:
- BREAKING: Toyota to recall 3.8M vehicles to reshape and replace pedals BREAKING: Koenigsegg backs out of Saab purchase, brand future up in the air First official shots of new BMW 5 Series leaked online BREAKING: Schumacher likely to return to F1 racing with Mercedes BREAKING: Buick confirms 2011 Regal 2.0T to come with manual transmission. Wait... wha?
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 ...
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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