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Volvo, Others to Assume Liability for Driverless Cars | Autoblog Minute

Self-driving cars could make our commutes a breeze but what happens when something goes wrong? Three industry leaders step up with an answer. Autoblog's Adam Morath reports on this edition of Autoblog Minute. .FW Mercedes-Benz Volvo Autoblog Minute Videos Original Video john krafcik Hakan Samuelsson

China's Geely buying majority stake in Lotus

Geely, the Hong Kong car company that owns Volvo, is acquiring control of British car company Lotus. Geely is purchasing a 51-percent stake in Lotus from struggling Malaysian car company Proton, and a 49.9 percent stake in Proton itself. Etika Automotive will gain the other 49 percent of Lotus. France's PSA Group and Japan's Suzuki had apparently also been interested in acquiring Proton. Geely says it plans to revive both Proton and Lotus. "The agreement lays the foundation for a wider framework for both Geely Holding, Proton and Lotus to explore joint synergies in areas such as research and development, manufacturing and market presence," Geely said in a news release. Those joint synergies will be highlighted by the lightweight chassis technology Lotus is known for, which could help Geely improve fuel efficiency. Geely CFO Daniel Donghui Li said the company aims to "unleash the full potential of Lotus Cars" by expanding and accelerating new products and technologies. Proton was nationally held but was privatized in 2007 to Malaysian conglomerate DRB-Hicom, which is owned by tycoon Syed Mokhtar Al-Bukhary. It was supposed to be the flagship for Malaysia's economic development.Though it owns two factories, Proton mainly rebadges foreign-made cars and sells them in Malaysia. What it has, what Geely presumably wants, is a distribution network in Southeast Asia to pit Chinese cars against Japanese automotive dominance in the region. Retaining a 50.1-percent stake in Proton is seen as a face-saving move. "Proton will always remain a national car and a source of pride, as Proton will still have a majority hold of 50.1 percent," Malaysian finance official Johari Abdul Ghani said. "Our very own much-loved brand now has a real chance in making a comeback, a huge one I hope." Related Video:

Junkyard Gem: 1973 Volvo 1800ES

Volvo began selling cars in the United States with the 1956 PV444, a sturdy unibody machine that looked quite a bit like the 1946 Ford from some angles. Reliable, sensible — maybe stodgy is a better word — PV544s, Amazons and 140s followed the 444s across the Atlantic as the 1950s became the 1960s. Starting in 1961, though, a genuinely sporty Volvo arrived here: the P1800. Members of the P1800 family were sold here through 1973, and I've found one of those final-model-year cars in a Northern California self-service wrecking yard. The P1800 (later named the 1800S and then the 1800E) was based on the chassis of the Amazon and was available only as a coupe from 1961 through 1971. The 1800ES shooting brake version with its all-glass hatch debuted as a 1972 model, and just under 9,000 were built before production ended the following year. The U.S.-market 1800ES got a 2.0-liter pushrod straight-four engine with Bosch fuel injection, rated at 112 horsepower. Its dirtier-running European counterparts got more power. This engine was known as the B20F. First-year Volvo 240s got the B20F as well, before moving up to the SOHC "Red Block" engine for 1976. A 1966 P1800 holds the world record for most mileage on a street car: more than 3.2 million miles. That car has a B18 engine that was rebuilt twice. The highest-mile junkyard car I've found was a Volvo as well, though it only had 626,476 miles. Does the credit go to the cars or to their owners? Yes! This car appears to have sat outside near the Pacific for too many decades; it has the top-down rust associated with living in the salt spray and fog near beaches in NorCal. This is pretty bad, but I've seen worse. This Volvo's final parking spot is just about a mile from crashing ocean waves. Worth restoring? No way, not when much nicer examples sell for a few grand. All the chawed-up seat foam suggests that raccoons and other Golden State wildlife lived inside for quite a while. The good news is that many of this crusty old Swede's components will live on in other Volvos. In fact, one of my regular readers scored a junkyard bonanza when he found this car (and several other vintage Volvos) not long before I arrived. Northern California car graveyards still offer plenty of old Scandinavian steel. This content is hosted by a third party. To view it, please update your privacy preferences. Manage Settings. You tell 'em, Christina!