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Ford to triple production of EcoBoost engines by 2015
Fri, 11 May 2012Ford EcoBoost Engine production to increase In another clear sign of engine downsizing by car makers Ford has announced it will triple production of its EcoBoost engines in Europe by 2015. The petrol engine is fighting back against hybrids and diesels with downsizing and forced induction creating petrol engines that work more pleasingly than diesels – and with lower particulate emissions – whilst delivering proper performance and levels of economy that would have been unthinkable just a few years ago. Ford is in the vanguard of this mainstream push to make petrol engines relevant even in a car world dictated by government CO2 targets (which aren’t really CO2 targets , they’re official economy targets) and they’re planning to triple production of their very good range of EcoBoost engines in Europe over the next three years.
Jaguar Land Rover made £1 billion last year
Thu, 26 May 2011The 2012 Jaguar XF & 2012 Range Rover Evoque - JLR's latest models Who’d have believed it just a year or two ago? Jaguar Land Rover has reported a turnover for the year to the end of March 2011 of £9.9 billion and has made a profit (after tax) of £1.04 billion – almost £3 million a day. From proffering the begging bowl in the direction of a short-sighted Labour government in 2009 – and getting nothing without untenable conditions attached - and making plans to close one of its three UK plants, JLR’s renaissance has been astonishing.
Caterham – including Caterham F1 – up for sale for £350 million
Mon, 26 May 2014Will the Caterham AeroSeven Concept (pictured) be a casualty of Caterham’s impending sale? Caterham’s foray in to F1 hasn’t been much of a success, with not a single point on the F1 board since they arrived in 2010 as Lotus Racing (although Marcus Ericsson was just one place off a point at Monaco yesterday). Now, after warning back in January that he would walk away from F1 if the Caterham team’s performance on track didn’t improve, it looks like Fernandes is ready to walk away from Caterham altogether.