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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.

Concept Car of the Week: Citroën Zabrus (1986)

Designed by Marcello Gandini for Bertone, the quirky BX proved to be a big success for Citroën. Eager to improve its brand image and to boost its already healthy sales figures, the brand put the popular BX on steroids and entered the World Rally Championship. Unfortunately the beefed-up BX 4TC didn't shine on the rally stage and despite a powerful engine, the road-going version didn't sell well either.

60mph M1 motorway speed limit proposed

The government has announced a proposal to lower the motorway speed limit from 70mph to 60mph over a 32-mile stretch of the M1. The plan, which has just been put out to consultation, would lower the speed limit to 60mph between junction 28, near Matlock in Derbyshire, to junction 35a, north of Rotherham – in a bid to improve air quality by reducing vehicle emissions. On Bing: see pictures of motorway air quality Find out how much a used low CO2 car costs on Auto Trader The current proposal would see the Highways Agency put the 60mph restriction in place between 7am and 7pm, seven days a week.