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Ford to launch 25 new models in Europe in next 5 years

The new Ford S-mAx (pictured) is just one of 25 new Fords heading for Europe Ford of Europe has had a miserable time of late, with the European market in disarray as the Eurozone crisis continues to rumble and car buyers on the continent shy away from big ticket purchases. But, just as they did in the US, Ford are making plans to cash-in when the Eurozone economy improves in the coming years (not that that’s an absolute given) and are going to ready with a raft of new models to tempt mainstream buyers when economies start to grow and car finance becomes a realistic option for more once again. Barb Samardzich, Ford’s head of product development in Europe, says Ford are planning to make their portfolio of products the best ever in anticipation of a recovery, with a huge 25 new models launching over the next five years, and they will be additions to the Ford line-up or new generations, not variants.

Detroit Electric SP:01 – it’s a Lotus Exige EV

Detroit Electric has revealed the SP:01, a Lotus Exige based electric sports car promising 0-62mph in 3.7 seconds and a range of 190 miles. 999 are being built. Detroit Electric is a re-birth of a once well-known electric vehicle maker in the US (that’s well-known pre-WWII) that’s been revived by former Group head of Lotus Engineering, Albert Lam, set up shop in Michigan with the intention of emulating Tesla’s route to EV credibility by building its own Lotus EV.

Cadillac XTS aimed at luxury-import owners

It is a small niche, but an important one for Cadillac as it prepares to launch the XTS sedan. The industry calls it the "black car" business. The Cadillac XTS sedan will hit dealer showrooms next year in late spring or early summer.