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CAR scoop: GM's $13 billion gamble (2013)

By Ben Whitworth Motor Industry 30 September 2013 09:45 GM Europe has racked up enormous losses every year since 1999; in 2012 it bled $1.8 billion while GM North America earned $6.9 billion before tax. Yet the Detroit mothership continues to pump billions into its European division, like a deluded gambler convinced his luck will change. Max Warburton, automotive analyst at Wall Street researcher, Sanford C.

Ford sales show move away from diesel

NEW CAR buyers are moving back towards petrol engines after years of diesel domination, if Ford’s latest sales figures are any guide. The company has revealed that its multi-award-winning 1.0-litre Ecoboost turbocharged petrol engine now powers one in every five cars sold in Europe, totalling 120,000 vehicles from January to the end of June. That figure is an increase from 104,000 1.0-litre Ecoboost-powered cars sold in the same period in 2013.

Funding row erupts over road repairs

COUNCILS hit by the recent extreme weather are calling for extra funding from central Government to help meet the multi-million pound roads repair bill. The Local Government Association (LGA) wants the Department for Transport to create a highways maintenance emergency fund following the recent spate of heavy rain and flooding. But the Government said councils have been allocated their funding and should have created contingency funds themselves.