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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.

BMW to sell 19 Frozen Black Edition M3s in the U.S.

BMW has lined up a run of 20 M3 Coupes for the U.S. market with a special Frozen Black Edition package to promote its BMW Individual custom-ordering program. The automaker will open an order line on June 16 for buyers to reserve 19 of the cars.

Spoken street names useful in navigation units, magazine says

If you're in the market for a portable navigation unit, features such as spoken street names and reality view/lane assist are worth the money while traffic information, connected services and voice recognition are not as essential, says Consumer Reports magazine. Less expensive navigation models are even offering the service via which the unit will speak the names of streets or highway numbers rather than telling drivers to merge or turn in a specific direction. Reality view/lane assist is a feature commonly packaged as one that displays three-dimensional views of exits, signs and intersections as well as the best lane to be in for upcoming driving maneuvers.