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Ford, GM post biggest drops, industry sales slump continues
Wed, 01 Apr 2009Ford Motor Co. and General Motors posted the sharpest sales declines among major automakers as the industry headed toward its sixth straight monthly drop of more than 30 percent. Ford's March sales fell 42.1 percent and GM's were down 44.7 percent, for its fifth decline of more than 40 percent in the past six months.
Ford Focus RS rolls off the production line
Tue, 20 Jan 2009Ford has announced this afternoon that the much awaited Ford Focus RS has now started to roll off the production line at its plant in Saarlouis, Germany. Long awaited, and much anticipated, the Focus RS is going to be available in 20 countries throughout Europe, with its biggest markets being Germany and the UK. Ford Focus RS rolls off the production line The Focus RS has a number of unique features – apart from its performance – including a wider track and wheel arches, new front and rear bumpers and a choice of three colours – Ultimate Green, Performance Blue and Frozen White.
Harley-Davidson to shutter Buell motorcycle brand, will sell Italian division
Thu, 15 Oct 2009Harley-Davidson is axing two notable brands as it refocuses on its core business. The iconic American motorcycle producer said on Thursday that it will kill the 26-year-old Buell brand and will sell recently acquired Italian motorcycle company MV Agusta. The announcement came as Harley revealed its third-quarter financial results, which saw its earnings and sales slip as it deals with the global economic conditions.