Thursday 30 October 2014

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


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


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


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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