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News watch October 2012: today's industry news
Wed, 31 Oct 2012Welcome to CAR Magazine's news aggregator as we round up the daily stories in the auto industry. Top tip: news summaries are added from the top hour-by-hou Wednesday 31 October 2012• It's emerged GM's European 2012 earnings are down nearly half a billion dollars in Europe, where it now expects to lose $1.5bn to $1.8bn before interest and taxes for the full year (DetNews)• Ford has posted a third-quarter net profit of $1.63bn (£101bn) - almost matching its eventual profit total for the entire year 2011. Despite painful losses in Europe (Ford expects to lose $1bn in Europe alone this year) a resurgent North American market has buoyed Fords sales even higher than previous forecasts (Automotive News Europe)• Fiat CEO Sergio Marchionne has weighed in against Republican presedential nominee Mitt Romney, who argued that a move towards Chinese production would harm American jobs.
Ford Mustang 50th Year Limited Edition (2014) Mustang history gallery
Wed, 16 Apr 2014By Ollie Kew First Official Pictures 16 April 2014 12:45 Ford is celebrating 50 years of the Mustang with this imaginatively titled 50th Year Limited Edition Mustang. Strangely for a car that invented what we know today as the options and accessories list, you can only choose the colour (white or blue) and whether to have a manual or automatic transmission. Every other options box is ticked, while extra chrome highlights, louvered rear windows and a faux rear filler cap are exclusive to this birthday edition.
Ram to sell two Fiat vans
Fri, 16 Sep 2011The Ram brand will get a commercial van based on the Fiat Ducato large paneled van, supplier sources said at the Frankfurt motor show. Chrysler plans to build 30,000 a year in Mexico, the sources said. Chrysler already builds Ram heavy-duty pickups in Saltillo, Mexico.