Tag Archive for 'MKT'

Ford’s sale of Volvo: Complete. Geely’s cost: $1.8 Billion

Published on August 2, 2010 in Industry Status, Industry Update and Manufacturer Update. 0 Comments Tags: , , , , , , , , , , , , , , , , , , .

Well, it’s finally happened – Ford completed the sale of Volvo to Geely, the Chinese automaker.  Geely forked over 1.8 billion, according to a press release by Ford.  Most of it was in cash, but there was also a $200 million “note” involved.

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Preview: 2011 Ford Explorer

Published on July 26, 2010 in Hot Car - Upcoming and Vehicle Redesign. 0 Comments Tags: , , , , , , , , , , , , , , , , .

This week, Ford announced a whole lot of details about the upcoming 2011 Explorer SUV, including photos, technology and capability.  They spent a lot of time talking about fuel efficiency and high technology, which I’ll go into after the break, followed by a high-resolution image gallery.

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