Tag Archives: Car news

The Chinese to buy Volvo?!

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It has recently been announced that car makers Ford are looking to sell their subsidary company, Volvo. The potential buyers include the Chinese companies Geely and Beijing Automotive. The price tag for Volvo? $1 – $2 billion.

Volvo being sold to chinese

However there has been other interest from Swedish investors which might be successful, but there is no doubt about it, Ford are still going to sell Volvo.

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Want to work for Rolls Royce or McLaren?

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According to breaking news, car manufacturers Rolls Royce and McLaren are said to be creating up to 1000 new jobs in just Britain alone. McLaren are said to be pushing plans for producing more high powered sports cars on a more regular basis. Rolls Royce however are creating the jobs to help push production for the next ‘Rolls Royce Ghost’. On top of this they are making more jobs available at their headquarters based in West Sussex. Its a good time for the British automotive industry!