ford pag


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 →

Safety First: Daimler reportedly passes on buying Volvo Noah Joseph

Volvo and Mercedes-Benz have been known for decades as automotive safety pioneers, sharing between them the bulk of new innovations in the field. These days, however, automakers are as as concerned ...

Ford discusses selling Volvo with Renault, again Noah Joseph

As Ford reportedly prepares to offload Volvo and dismantle the last remaining vestiges of its once proud Premier Automotive Group, reports indicate that discussions were, once again, held with ...

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 ...

Ford PAG abandoning California HQ Noah Joseph

After setting up its Premium Automotive Group back in the late '90s, Ford built the luxury über-division an award-winning, shiny new facility in Irvine, California in 2001, far away from the ...

REPORT: Ford sells off former PAG headquarters in Irvine 5 months ago on Autoblog

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 ...

Safety First: Daimler reportedly passes on buying Volvo 10 months ago on Autoblog

Volvo and Mercedes-Benz have been known for decades as automotive safety pioneers, sharing between them the bulk of new innovations in the field. These days, however, automakers are as as concerned about their financial security as they are with occupant safety. With the latter in mind, reports ...

Ford discusses selling Volvo with Renault, again 1 year ago on Autoblog

As Ford reportedly prepares to offload Volvo and dismantle the last remaining vestiges of its once proud Premier Automotive Group, reports indicate that discussions were, once again, held with Renault. The French automaker was tipped as a potential buyer when Jaguar was on the table, expressing ...

Ford stock up thanks to Kerkorian, Volvo remains "not for sale" 1 year ago on Autoblog

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 levels it's seen in the last six months. Tracinda Corporation, Kerkorian's firm, has expressed faith in ...

Ford PAG abandoning California HQ 1 year ago on Autoblog

After setting up its Premium Automotive Group back in the late '90s, Ford built the luxury über-division an award-winning, shiny new facility in Irvine, California in 2001, far away from the parent company's influence in Dearborn, Michigan, as the American hub for the predominantly European ...






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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