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New Ford Mondeo to get new 1.5 litre EcoBoost engine

The new EcoBoost engine will also be turning up in the Ford Fusion for North America, but the UK and Europe are going to have to wait until at least the end of 2014 – when we get the new Mondeo - before the new engine is on offer. The 1.5 litre EcoBoost offers improved economy and emissions compared to the 1.6 litre currently available  - with similar power, performance and torque compared –  but one of the main reasons for offering it is that many countries offer tax breaks for engines under 1.5 litres. The new engine will be built by Ford In Romania initially (although it will get churned out elsewhere too in due course) and offers turbocharging, direct fuel injection and variable valve timing.

Hummer sale agreed

GM has a Memorandum of Understanding in place to sell Hummer to a 'Mystery' buyer GM are reporting that they have reached a ‘Memorandum of Understanding’  with an unnamed buyer to take Hummer of their hands later in the year. MOUs are not the strongest tool in the arsenal when a sale is being arranged, which tends to indicate that either the buyer likes the idea but won’t commit yet, or they are still in ‘Fund-Raising’ mode. So who are the likely buyers?

Nissan to open new Global Headquarters Gallery

Nissan, which opened its new global headquarters in Yokohama, Japan, last weekend (coinciding with the unveiling of the automaker's new electrically-propelled Leaf), will open a new gallery dedicated to its products on August 8th. Just as German automakers BMW and Porsche have shrines dedicated to their respective brands, Nissan's new gallery will feature exhibits of its current products, classic models and cars from its racing heritage. The new gallery - which boasts an area four times larger than the previous Nissan gallery in the company's former headquarters in Higashi Ginza - occupies 4000m2 of space on the first floor of the new building.