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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.

Mercedes CLA 45 AMG gets the Brabus treatment

The Mercedes CLA 45 AMG gets the Brabus treatment The Mercedes CLA 45 AMG is already the most powerful 2.0 litre 4-door saloon/coupe on the market, offering an immense 355bhp and 332lb/ft of torque. But if you think the CLA 45 AMG is a bit too tame – and needs to shout its performance a bit louder – then Brabus may have the answer with their take on the CLA 45 AMG. Brabus have taken the Mercedes 2.0 litre turbo and had a play with its brain to release even more horses than the standard car so it now has an astonishing 395bhp and 369lb/ft of torque, which manages to cut the 0-62mph to an even more impressive 4.2 seconds.

Redesigned 2013 Chevrolet Malibu costs $23,150

The redesigned 2013 Chevrolet Malibu sedan carries a base sticker price of $23,150 including shipping charges. That is a $280 increase over the previous-generation 2012 model. The 2013 Malibu will be offered in four trim levels: LS, LT, Eco and LTZ.