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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.
Nissan to revive Datsun name in emerging markets, eyes increased sales
Tue, 20 Mar 2012Nissan is reviving the Datsun name to increase sales in India, Russia and Indonesia, the company said during a visit to Jakarta. Nissan will invest $400 million in Indonesia over the next two years, doubling hiring and tripling the number of dealerships in the region to 90,000. The Datsun name will begin appearing on cars in 2014.
European Car of the Year shortlist 2010
Mon, 02 Nov 2009The shortlist of entries for the 2010 European Car of the Year award were announced today. No doubt bound to cause controversy with our readers, the cars which made it onto this year’s seven-strong shortlist are: • Citroën C3 Picasso• Mercedes-Benz E-class• Opel/Vauxhall Astra• Peugeot 3008• Skoda Yeti• Toyota iQ• Volkswagen Polo Chosen by automotive journalists from all over Europe, the competition will come to a close at the end of the year when an all-out winner is announced. Vauxhall took top honours in 2009's contest, with its Insignia stealing top spot from Ford’s new Fiesta by a single point.
