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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 i3 Range Extender engine adds 10% to the price

BMW i3 Range Extender engine adds 10% to the price The BMW i3 – BMW’s first foray in to a world of electric cars – was officially revealed in July – and due on sale in 2014 – and seems, by electric car standards, to be almost affordable. At a starting price of £30,680 – £25,680 after the taxpayer bribe for EV buyers – it’s no more expensive than other electric cars and does come with some clever technology – and the BMW badge – that will help it move out of showrooms. But as we reported as far back as 2011, the BMW i3 is to get a range-extender option – a small petrol engine that kicks in to recharge the batteries when they get low – which will make the i3 a much more practical proposition.

Ron Dennis steps down from F1 to focus on supercars

Ron Dennis hands over the baton to Martin Whitmarsh. He'll now be focusing on McLaren Automotive's new P11 and other road cars By Tim Pollard Motor Industry 16 January 2009 15:43 McLaren Mercedes team principal Ron Dennis is to step down as boss of the F1 team to concentrate on McLaren's other interests – including McLaren Automotive, which is planning a range of new top-end sports cars. CAR Online has led the world with its scoops on the new McLaren P11, a British alternative to the Ferrari 430 Scuderia.