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Louisville, Kentucky, United States
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Ford earns $2.6 billion in first quarter
Tue, 26 Apr 2011Ford, helped by new models, rising U.S. sales, and a rebound in Europe, reported a first-quarter profit of $2.6 billion today. In the first quarter of 2010, Ford earned just over $2 billion.
BMW spends $900 million on South Carolina plant to build the X4 SUV
Thu, 12 Jan 2012BMW is expanding its lineup with the X4 and growing its manufacturing base with a $900 million investment in its Spartanburg, S.C., assembly plant. "This is in response to rising global demand for the BMW X family to include the BMW X4," BMW board member Frank-Peter Arndt said. BMW says the investment will create 300 new jobs at the plant.
75,000 Irish drivers left uninsured after policy provider collapses
Tue, 22 Apr 2014TENS OF thousands of motorists in Ireland have been warned their insurance policies may be useless after the collapse of an insurer. The Central Bank has urged policy holders with Setanta Insurance to switch their cover after the Malta-based company went into liquidation. It is believed as many as 75,000 motorists are insured by the firm in Ireland, which is popular among smaller businesses who use vans for their deliveries and trading.