Sunday 26 October 2014
 
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Ford to overhaul Lincoln brand, this time with big bucks

Ford Motor Company's new chief executive, Mark Fields, is giving the automaker's long-moribund Lincoln brand what his predecessor Alan Mulally never could: a little love and a lot of cash. Lincoln, a storied Detroit brand which Ford has owned since 1922, has been in a swo

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Volvo posts $401m profit on cost cuts

Global truck maker Volvo has registered a surprise rise in core quarterly profit as deep cost cuts more than made up for lacklustre demand in some major markets. The group, which vies for market leadership with Germany's Daimler and Volkswagen's Scania and MAN brands, sai

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BMW sales surge 36pc in Bahrain

Euro Motors continues its surge forward for BMW and Mini sales this year with the BMW Group importer reporting a 36 per cent increase in sales for the three quarters of the year compared with the same period in 2013. “This year has been one of the busiest years for us,&rdqu

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Saudi may see 18m cars on roads by year-end

Saudi Arabia will likely see the number of licensed vehicles on its roads rise to 18 million by the end of 2014, from 17 million last year, a report said. From 2011 to 2012, the number of licensed cars rose by 7 per cent to 15.9 million, added the Arab News report, citin

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Nissan named in ‘Best Global Brands for 2014’

Nissan has been named one of the world's most valuable brands for the year by Interbrand, a leading brand consultancy. In the Best Global Brands Study by Interbrand, Nissan ranked 56, up from 65 last year. The study cited the strength of Nissan’s financia

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Nordic cleantech firm develops fuel cell system

The Swedish Energy Agency has granted leading fuel cell technology company PowerCell a contribution of 7 MSEK for the MoRE Zero project, an ERA-NET, to develop a fuel cell system for use as a range extender for electric vehicles. The project is aimed at increa

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Toyota hybrid sales cross seven-million mark

Toyota Motor Corporation, has reported that it has passed the seven-million vehicle milestone for the sale of hybrid vehicles as of September 30. The sale of the latest million unit was achieved in the fastest time yet for Toyota, taking just nine months. Takayuki

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Autodesk, Local Motors collaborate on Spark 3D platform

Autodesk is collaborating with Local Motors, a leader in open-source hardware innovation, to utilise the Spark platform as the latter continues to develop the world’s first 3D printed car Strati. The recently unveiled Strati is being developed by Local Motors team at the DO

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Toyota’s brand value rises by 20pc

Toyota's investment in future mobility, including zero-emission vehicles and its focus on sustainability and innovation, have contributed to a 20 per cent increase in its brand value over the past year, according to the Best Global Brands Report 2014. The report, compiled by

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Al Futtaim launches new Lexus IS 250

Al-Futtaim Motors, the exclusive distributor of Lexus in the UAE, has launched the 2015 Lexus IS 250 with F Sport features for motorists looking for high performance and outstanding design. The new IS 250 F Sport comes in stylish exterior and interior colours and features special

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