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Safety First: Daimler reportedly passes on buying Volvo

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 indicate that Mercedes parent company Daimler has decided against buying Volvo from Ford. Amidst slumping sales and a troubled future, reports surfaced a month ago that Ford was looking for a buyer for the last remnant of its ill-fated Premier Auto ... Read more →

Amidst the loss trimming, Ford revises Volvo's strategy Dan Roth

Ford only lost hundreds of millions during the third quarter of 2007, versus the 5-something billion they torched through for the same period in 2006. Sales and revenue are up, and while we can't see ...

"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. ...

Jaques Nasser still interested in Jaguar/Land Rover, schedules factory tours Frank Filipponio

Just about a year ago we reported that former Ford CEO, Jacques Nasser, was interested in possibly buying Land Rover and Jaguar. It was kind of ironic, given the fact that Nasser had been ...

A Swedish solution for taking Volvo off Ford's hands Dan Roth

Ford: "Volvo's not for sale." BMW: "You sure?" Ford: "Volvo's not for sale." Cerberus: "You sure?" Ford: "Volvos' not for sale." And so it goes. Another week, another rumor of a possible Volvo ...

REPORT: Up to six bidders vying for Jaguar and Land Rover 2 years ago on Autoblog

Up to six different potential buyers are expected to place bids for the Jaguar and Land Rover brands when the auction for the British automakers gets underway later today. In the running are private equity firms Cerberus, Ripplewood Holdings and One Equity Partners, plus new entrants Tata Motors and ...

India's Tata Motors interested in Jaguar and Land Rover 2 years ago on Autoblog

It doesn't seem that anyone else has shown interest in Jaguar or Land Rover – some rumored suitors have outright denied any interest – but Indian industry giant Ratan Tata is contemplating adding the luxury marques to his Tata Motors unit. Tata has set his advisory bloodhounds after the ...

Next Range Rover to go upmarket, downmarket and lighter-weight 2 years ago on Autoblog

With Ford selling off parts of its Premium Automotive Group (PAG) one at a time, it remains uncertain if Land Rover and Jaguar will end up under the same ownership in the future. In the meantime, Land Rover is collaborating with Jaguar on a future flagship model that will draw on Jaguar's expertise ...

Cerberus joins group of financial investors to bid for Jaguar and Land Rover 2 years ago on Autoblog

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 this article caught our eye because it reveals a potential bidder with which we're all familiar. ...

BMW buying Volvo rumour circulates again 2 years ago on Autoblog

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 financial data about the Swedish automaker. Yesterday, the Swedish newspaper Goteborgs Posten threw ...

Ford's not abandoning Aston Martin 2 years ago on Autoblog

It'd be far too easy to dismiss as negligible the minority stake in Aston Martin retained by Ford after the sale, but even in the new era, Aston models will continue to benefit from its ties to the Ford Motor Corporation. In addition to the safety systems expertise garnered from Aston's former PAG ...

Aston Martin sale almost a done deal, Prodrive founder in the lead 2 years ago on Autoblog

Coming out of Geneva along with the exodus of automotive journalists are reports that a sale of Aston Martin is imminent, and that the likely winning bid has come from a consortium headed by Prodrive founder David Richards. The expected bid is rumored to be around $965,800,000 (£500,000), or ...

Premier Auto Group and Ford Europe to turn profit in 2007 2 years ago on Autoblog

Ford Motor Company has received a lot of negative press the past couple of years, so we think any good news is definitely worth reporting. After years of losses from its Premiere Automotive Group (PAG), Ford is finally expecting a 2007 profit. PAG's good news actually started in the 4th quarter of ...

Scoop: Louis Vuitton buys Aston Martin 2 years ago on Autoblog

All the bids are in and the winning bidder has been revealed: Aston Martin is being bought by LVMH Moet Hennessy Louis Vuitton SA, the French luxury goods consortium that produces upper-crust products ranging from leather trunks and wallets to champagne and cognac...and now exotic luxury sports ...

Line to buy Ford's Aston Martin grows 3 years ago on Autoblog

At least five potential Aston Martin buyers have now whipped out their platinum cards in anticipation of taking the esteemed carmaker off Ford's hands. One London banker said, "The interesting question is whether this is just going to be a scrap between the rich men of Russia and the rich men of ...

Q4 for Ford will be even worse, stock prices still rise 3 years ago on Autoblog

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 third-quarter losses, the biggest quarterly loss since 1992. The Premier Automotive Group (the luxury ...

First PAG/Mazda Coffee & Cars show has familiar feel 3 years ago on Autoblog

The first new Coffee & Cars (C & C) show at Ford-PAG-Mazda is in the books and it was very impressive. We arrived at Mazda around 6:45 and there were already quite a few cars in the show lot. There were plenty of friendly people helping us find the spectator parking lot by the Premiere Auto ...

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 ...

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 ...

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 ...

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 ...

Ford VP: No 'For Sale' sign hanging in Jaguar's window 3 years ago on Autoblog

Besides new concept and production car introductions, there's always plenty of news at major shows, and Geneva isn't turning out to be any differently. Addressing a body of 250 motoring hacks, Ford of Europe VP Lewis Booth reiterated sharply that Jaguar is not on the block, indicating ...






Autoblog Podcast #151: With Car and Driver's Eddie Alterman

Eddie Alterman wades in with Sam, Chris, Dan, and Jonny to talk about SEMA and other recent events.

 
 

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