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Mercury dies off, Lincoln to benefit
Thu, 03 Jun 2010Ford's brand portfolio is set to get smaller by the end of the year. Following the sale of Aston Martin, Land Rover, Jaguar and most recently Volvo (to Chinese automaker Geely), the Blue Oval has now announced the demise of its 'middle of the range' Mercury brand, with production of the last vehicles set to cease at the end of 2010. In a statement released to media, Ford announced that the shuttering of the 71-year old Mercury brand was in the interest of focusing on Lincoln, the automaker's only remaining premium brand.
New Nissan Terrano is a rebadged Dacia Duster
Tue, 11 Jun 2013The new Nissan Terrano (pictured) is a rebadged Dacia Duster The Dacia Duster SUV has been taking Europe by storm for several years with its combination of cheapness, ruggedness and a surprising ability to do its job. In tough economic times budget buys are a big seller, and with the Dacia Duster SUV costing from just £8995 (although you’ll need to pay more for a 4WD version) Dacia have been able to sell as many as they can build. That meant the UK and Ireland having to wait for the Duster to arrive until capacity could be found in India to build RHD versions, and now it seems Nissan are about to utilise its production facilities in Chennai to turn out a new Nissan Terrano that is actually a rebadged Dacia Duster.
Ford posts $3 billion quarterly profit
Tue, 28 Jan 2014Ford Motor Co. earned $3 billion in the fourth quarter, helped by a large gain from one-time tax items, and its full-year profit rose as U.S. sales and market share increased.