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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.

Coys To Auction Aston Martin Linked To Bond Author Ian Fleming

A 1954 Aston Martin DB 2/4, considered by many to be the inspiration for James Bond’s original Aston Martin in Ian Fleming’s novel Goldfinger, is to be auctioned by international auctioneers Coys this Saturday 12th July at Blenheim Palace. Not only was the DB 2/4 potentially the catalyst for Fleming’s characterisation of the famous fictional spy, but this particular car boasts an equally intriguing history. This Aston Martin, a DB 2/4 Mk I Vantage, was owned by Phillip Ingram Cunliffe-Lister, whose father was Lord Swinton, a close confidant of Winston Churchill, head of MI5 and the Security Executive during WWII, and Ian Fleming’s boss.

New Mercedes-Benz SUV coupe for Beijing

Mercedes-Benz Mercedes-Benz has teased its answer to the BMW X6 ahead of its unveiling at the 2014 Beijing Motor Show. The coupe SUV – which is likely to be called the MLC – will be based on the ML and shown at Beijing in concept form, before a production vehicle is revealed next year. Like the X6, the Mercedes-Benz concept coupe SUV features a rakish rear roofline and is likely to divide opinion among buyers.