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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.

Charles Morgan dismissal appeal rejected

Charles Morgan’s appeal against his dismissal from Morgan Motor Company has been rejected, after the firm’s board of directors chose to uphold the ruling last Friday, 25 October. In a short statement posted on his personal blog, Charles Morgan outlined, “I have been informed that Morgan has rejected my appeal and, as a result, I have been removed from Morgan Technologies.” On Bing: see pictures of Morgan cars Find out how much a used Morgan costs on Auto Trader The former strategy director of the Malvern-based British sports car manufacturer went on to say that “it is incredibly disappointing news.” Morgan – whose grandfather H.F.S. Morgan founded the company in 1910 – stated, “I have been dismissed on what I believe are very contentious grounds.

Woodward Dream Cruise 2013

The Woodward Dream Cruise started as a community fundraiser back in 1994. Here we are, almost 20 years later, and it has grown into the world's biggest classic car event – or the world's biggest headache, depending on your point of view. The real strength of the Dream Cruise is its populist format, especially when directly compared to the manicured lawns of California's Pebble Beach that runs on the same weekend.