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CCS receives $2.5m GM Grant

General Motors is set to strengthen its longstanding commitment to Detroit's College for Creative Studies with a $2.5 million donation, a contribution that will help the university undertake a $145 million redevelopment of its A. Alfred Taubman Center for Design Education. This is not the first time that GM has given to CCS – the ongoing relationship between them sees members of the GM design team teach and mentor students, while CCS also receives loans of industrial equipment from its Detroit neighbor.

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.

Porsche GT3 to launch at Geneva

The next in line for the mid-life facelift (Gen 2) of the Porsche 911 is the GT3, following on from last year’s revisions to the Carrera and Targa. The GT3 has had only minor modifications to its looks, instead the detail, as you would hope, has gone on under the skin. The engine has gone up in size from the old 3.6 litres to 3.8, yielding an increase in bhp – up to 435bhp.