Ford's Luxury Brands Now Valued at About $9 Billion
Mar 12, 2007
DETROIT, March 12, 2007; Reuters reported that Ford Motor Co could raise over $9 billion by selling its remaining luxury car brands, although such a move is unlikely in the short term, Merrill Lynch analyst John Murphy said on Monday. Earlier on Monday, Ford announced it had clinched a deal to sell British sports car m ... Continue reading
Today's Pre-Owned Vehicles May Be the Better Bargain - VIDEO STORY
Mar 12, 2007
DETROIT - March 11, 2007: Compared to 20 to 25 years ago, automakers say today's "certified pre-owned" vehicles can be as good as buying a new vehicle and are a fraction of the cost. To "certify" a used vehicle, a dealer must perform a comprehensive multi-point inspection that meets the original dealer's specifications ... Continue reading
Volvo at the Geneva Motor Show: Two Global Debuts - VIDEO ENHANCED
Mar 6, 2007
All-New XC70, the next generation of Volvo's segment defining crossover and the All-New V70, staking claim as a segment leader take the stage in Europe's first major auto show GENEVA, March 6 -- The all-new Volvo XC70 is being introduced at the Geneva Motor Show with comprehensive changes inside and out. With new styli ... Continue reading
Volvo Unveils 2008 XC70 at Geneva Motor Show - VIDEO ENHANCED
Mar 6, 2007
The all-new Volvo XC70 - ongoing capable success in a refined package Ongoing "crossover" success More luxury and added capability Target 40,000 cars per year U.S. the largest market Sales start in August 2007 GOTHENBURG - March 6, 2007: When the first XC model from Volvo Cars took to the roads in 1996, it was not only ... Continue reading
Mar 3, 2007
FRANKFURT, March 2, 2007; Michael Shields, European Auto Correspondent writing for Reuters reported that challenged to cut cars' output of climate-warming greenhouse gases, global automakers get the chance at next week's show in Geneva to prove they can make products that are fun to drive but won't wreck the environmen ... Continue reading
Volvo Cars Reports Sales Up Slightly for February 2007
Mar 1, 2007
IRVINE, Calif., March 1 -- Volvo Cars of North America, LLC (VCNA) reports a slight increase in sales for the month compared to the same period last year. In the United States 8,468 units were sold -- up 0.6 percent.* While the XC90 remains the Volvo sales leader, C70 results indicate the appeal of Volvo's retractable ... Continue reading
IIHS: Bumpers That Can't Take Bumps
Mar 1, 2007
First results of new crash tests: most car bumpers don't work in low-speed crashes; 3 cars sustain $4,500 damage in 6 mph test while old Ford Escort sustains little damage ARLINGTON, VA â Most bumpers on midsize cars do little to resist damage in the kinds of low-speed collisions that are common in commuter traffi ... Continue reading
Volvo Participates in Global Initiative on Climate Change
Feb 28, 2007
More than 85 companies and organisations around the world - among them the Volvo Group â have recently signed a post-Kyoto framework for clean energy and climate change action. The statement was intended as a way forward for tackling climate change. The initiative is called âThe Global Roundtable on Climate C ... Continue reading
Ford CEO Interested in Bolstering Hybrid-tech Alliance with Toyota
Feb 27, 2007
NEW YORK February 27, 2007; Kyodo reported that the head of Ford Motor Co. has expressed strong interest in boosting the U.S. carmaker's alliance with Toyota Motor Corp. in the field of environmentally friendly hybrid vehicles. In a phone interview Friday, President and Chief Executive Officer Alan Mulally said an alli ... Continue reading
Volvo Makes Bid for Nissan Diesel
Feb 20, 2007
STOCKHOLM, Sweden--AB Volvoâs Board of Directors has decided to make a public offer to acquire the Japanese truck manufacturer Nissan Diesel. The offer, which is supported by Nissan Dieselâs Board of Directors, means that Volvo (STO:VOLVA) (STO:VOLVB) offers JPY 540 in cash per share and the total value of Vo ... Continue reading
Special OHANA ROAD Episode: Los Angeles Auto Show
Feb 17, 2007
OHANA ROAD, Hawaii's award-winning automotive TV show takes an in-depth look at the Los Angeles Auto Show. ... Continue reading
Consumer Reports: Gas Mileage of SUV's, CUV's, Wagons, MiniVans and Pickups
Feb 10, 2007
CONSUMER REPORTSâ BEST & WORST SUVs PUBLICATION NAMES VEHICLES THAT STRETCH FUEL DOLLARS Ford Escape Hybrid, Saturn Vue Green Line rated best in fuel economy for small, midsized SUVs YONKERS, NY â If the spring brings increasing gas prices as it often does, Consumer Reportsâ Best & Worst SUVs, Trucks, Mi ... Continue reading
Feb 5, 2007
When the all new Volvo V70 arrives in UK showrooms this September it will reinforce Volvoâs dominance of the luxury estate market with a car that offers a combination of head-turning Scandinavian design, luxury, athleticism and uncompromised load-carrying versatility. This all new Volvo V70 offers more of everythi ... Continue reading
ALL-NEW VOLVO V70: Takes Safety to New Heights
Feb 2, 2007
... including a world breakthrough for the benefit of families with young children IRVINE, Calif., Feb. 2 -- Volvo Cars of North America LLC (VCNA) will introduce the third generation of its V70 wagon at the Geneva Motor Show. Volvo -- a segment leader -- looks to the all-new V70 as taking safety to new heights, ... an ... Continue reading
Volvo's Report on Operations 2006
Feb 2, 2007
STOCKHOLM, Sweden--Volvo: Net sales for the full year increased by 7% to SEK 248,135 M (231,191) Net sales in the fourth quarter amounted to SEK 65,065 M (65,287) For 2006, income for the period rose 24% to SEK 16,318 M (13,108) In the fourth quarter, income for the period increased by 24% to SEK 3,701 M (2,995) Basic ... Continue reading
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