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Ford of Europe turnaround plan 'on track'

By Tim Pollard Motor Industry 25 June 2014 14:52 Ford of Europe will stem its huge 10-figure losses and return to profitability in 2015, president Stephen Odell vowed this week. Talking to CAR at the global launch of the Ford Edge in Cologne, Germany, Odell vowed that heavy losses would be reversed by the sweeping Ford of Europe turnaround plan whose fruits would be borne over the next 12 months. Ford lost $1.6 billion in Europe in 2013 - the third straight year of red ink flooding the region.

Early-build Ford GTs to cross the block at summer auctions

Their ancestors triumphed at Le Mans, and now two of the modern versions of the Ford GT are aiming for lofty finishes at summer auctions. The sixth and seventh Ford GTs built will cross the block at the Meadow Brook and Pebble Beach concours. And these are rare cars.

Sergio Pininfarina exhibition to open in Maranello

The late Sergio Pininfarina will be honored in a three-month special exhibition at the Ferrari museum in Maranello, Italy, from 26 October. The ‘Grandi Ferrari di Sergio Pininfarina' – Sergio Pininfarina's great Ferraris – exhibition will feature his classic designs and current Pininfarina evolutions in three halls: Concept Cars, Motorsports and Grand Touring Cars. The Concept Hall will be filled with famous designs such as the Modulo, the P6 and the four-door Pinin concept.