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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.

Lotus announces Evora Sports Racer

When one hears the phrase “Lotus sports racer,” the classic Eleven comes to mind, especially in either raw aluminum or British racing green. Others might recall George Follmer's Lotus-Porsche, a Fuhrmann-powered beastlet of a 23 that won the US Road Racing Championship in 1965. This is not that.

Nissan LEAF reaches 100,000 sales

Nissan has celebrated 100,000 sales of its Nissan Leaf by decorating one in coins. Built in the UK, the Nissan LEAF was launched in 2010, and has since become the bestselling electric car worldwide. Find out how much a used Nissan LEAF costs on Auto Trader On Bing: see pictures of the Nissan LEAF To celebrate the 100,000th sale, Nissan has produced a one-off version of the LEAF, decorated in 50,000 two pence Sterling coins from the UK and 50,000 two cent Euro coins from Europe.