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Ford of Europe turnaround plan 'on track'
Wed, 25 Jun 2014By 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.
Ford will fix software in Fusion, Milan hybrids
Thu, 04 Feb 2010While not labeling it a recall, Ford Motor Co. said Thursday that it will update the software of the regenerative braking system on some already-delivered 2010 Ford Fusion Hybrids and Mercury Milan Hybrids. An Associated Press report said a total of 17,600 Fusion and Milan hybrids will be updated.
Nissan developing supercharged hybrid for Infiniti
Wed, 17 Oct 2012Nissan Motor Co. is developing a supercharged hybrid powertrain likely to arrive in 2014 in the Infiniti JX crossover. This configuration advances the system used in the rear-wheel-drive Infiniti M35h Hybrid but has been revised for use on the front- and all-wheel-drive JX.
