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Ford of Europe turnaround plan 'on track'
Wed, 25 Jun 2014By 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.
Hummer nears the end of the trail
Wed, 26 May 2010The curtain is rapidly falling on Hummer, General Motors' ill-fated rough-and-tough brand of trucks and SUVs. The final H3 rolled off the assembly line at 9:07 a.m. Central time on Tuesday at the Hummer factory in Shreveport, La., marking the end of production for the brand, a spokesman said.
BMW 1 Series – One Million built
Tue, 13 Apr 2010BMW 1-Series One Million Sold That new BMW. You know, the little one that’ll never sell. The one BMW plans on mopping up sales to wannabe 3 Series owner with?