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Ford boss Alan Mulally on how he saved Ford

Ford president and CEO Alan Mulally today told British business leaders how he saved Ford from the worst recession for a generation. He also outlined how the Ford range will shrink from 97 models sold globally to just 20. Mulally gave the keynote speech to the Confederation of British Industry in London, where business bigwigs heard how Ford became the only Detroit car maker not to collapse into bankruptcy.

BMW offers M Performance Parts for 3- and 5-series

BMW opened up its M Performance Parts catalog to the new 3- and 5-series, the company said on Friday. The German automaker will offer chassis, brakes, aero upgrades and exhaust improvements for the 2012 3-series and the 2011-12 5-series. BMW revealed the line for its diesel cars in Europe in January, but those cars won't be coming here.

Nissan unveils new generation 'black cab'

NISSAN has unveiled its new ‘black cab’, adapted specifically for London and designed to win business from cabbies looking for a more reliable, more functional and less polluting vehicle. This year, emissions legislation will force many older taxis off the road, and noting the financial struggles of Manganese Bronze, the makers of the traditional black cab, Nissan has seen the opportunity to muscle in on the market. The famous London taxi design has come in for much criticism from cabbies for its unrefined drive, patchy reliability and questionable cabin ergonomics.