Italian private equity fund Investindustrial has agreed to acquire 37.5%stake in British sportscar manufacturer Aston Martin. Investindustrial senior principal Andrea Bonomi said,"We are looking forward to working with the management and ...
Tags: private equity fund, Investindustrial, acquire, sportscar
Automaker Ford has reported a 56% rise in sales in China to 67,505 vehicles in November 2012, compared to the same period in 2011. Ford sells passenger cars in the country which include the imported Ford Edge, increased 74% to 51,602 ...
Tags: automaker, Ford, the split of joint venture
Aston Martin has known more than a few owners over the years including the Ford Motor Company,who sold out to current owners Investment Dar and other investors in 2007 for$733 million. Now you can add private-equity firm Investindustrial ...
The Coca-Cola Company has announced that it has distributed more than 10 billion recyclable PlantBottle packages across the globe The drinks giant has recently published its 2011-2012 global sustainability report. It said that it had ...
Tags: Coca-Cola, sustainability, packages, recyclable PlantBottle packages
Gain new insights and ideas from inspiring opinion leaders and global industry experts Messe Frankfurt’s premiere auto industry gathering, NextGen Auto International Summit China, is designed as a truly international thought ...
Tags: NextGen Auto International Summit, China, Messe Frankfurt's premiere
US carmaker Ford Motor is recalling 262,000 Fiesta subcompacts from model years 2011-2013 to reprogramme the passenger side curtain air bags. The recall, which is expected to start soon, covers 154,604 Fiestas in the US, with the rest in ...
Lincoln, the luxury vehicle brand of the Ford Motor, has unveiled the new 2013 MKZ sedan. The new front-wheel drive sedan is powered by a 2.0-litre EcoBoost engine, which is expected to produce an output of 240hp and offer a fuel ...
Tags: luxury vehicle, Ford Motor, MKZ sedan, Lincoln
Swedish carmaker Volvo is planning to invest $11bn to develop new products and increase its manufacturing presence in the next few years. The company aims to acquire 20% of China's premium auto market by 2015 and to increase Chinese ...
Tags: Volvo, invest, product development
Ford Motor and State Farm have teamed up to offer lower insurance premiums for drivers, using Ford SYNC technology. According to State Farm Insurance, it is expanding its Drive Safe & Save program, under which Ford SYNC equipped drivers ...
Tags: Ford Motor, State Farm, Ford SYNC technology, auto insurance
Ford India, a subsidiary of Ford Motor Company, has sold 10,948 combined domestic wholesales and export units in October 2012. The company said that domestic demand remained steady with 7,577 vehicles sold in October 2012, compared to ...
Tags: Ford Motor Company, vehicle, exports, vehicle market
US carmaker Ford Motor is planning to debut its Ford Focus ST in China at the Auto China 2012 in Beijing this month. The new model will be powered by 2.0 litre Ford EcoBoost four-cylinder petrol engine mated to a 6-speed manual gearbox ...
Jiangling Motors (JMC), which is 30% owned by Ford Motor, has agreed to acquire Taiyuan Changan Heavy Truck Company. As part of the deal, JMC will pay cash for the 80% stake currently held by China Changan Automobile and the remaining 20% ...
Tags: JMC, Taiyuan Changan, Ford
US based chemical producer DuPont has begun the preliminary auction process for sale of its car paint business which is anticipated to fetch over $4bn. Sources told Reuters that the company's adviser on the agreement, Credit Suisse Group ...
Tags: DuPont, car paint, car paint facility, paint refinishing business
US carmaker Ford Motor together with its joint venture Changan Ford Mazda Automobile, planning to invest additional $600m in China to boost its production capacity at its Chongqing facility by 350,000 vehicles per year. Ford's investment ...
US carmaker Ford is planning to launch its luxury car brand Lincoln in China in 2014 in an efforts to further expand its market. Lincoln brand cars will be sold in the China in the second half of 2014 through an independent dealer ...