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Ford to cut Australian manufacturing in 2016
Thu, 23 May 2013Ford Motor Co., saddled with high costs, falling sales and financial losses, will close Australian car and engine assembly plants in October 2016 after almost nine decades of manufacturing in the country. Ford, the smallest of the country's three manufacturers after Toyota Motor Corp. and General Motors, will shut its assembly plant in Broadmeadows in northern Melbourne and an engine plant in Geelong to the west of the city, Ford Australia CEO Bob Graziano said.
Mercedes sacks U.S. boss Ernst Lieb
Tue, 18 Oct 2011Mercedes boss Ernst Lieb let go In a surprising move, Mercedes has upset its apple cart in America by sacking its CEO, Ernst Lieb. It’s hard to work out why Leib has been given the heave-ho, especially considering Mercedes USA is riding high at the moment on the back of strong sales and well-received models in the U.S. Under Lieb’s leadership Mercedes has enjoyed sales up 10.4 per cent for this year, a performance that is outstripping the market as a whole.
Citroen Nemo Concetto concept (2007) news
Wed, 05 Dec 2007By Ben Pulman First Official Pictures 05 December 2007 17:00 There's something fishy going on here... Look beyond the cutesy paintwork for a moment and you’ll see Citroen’s new Nemo Concetto, a van-derived people carrier concept that’s based on the recently launched Nemo commercial van. The idea behind the Nemo – a three-way development with Fiat and Peugeot – is to tap into the massive European market for van-based family cars.