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North Hollywood, California, US
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CAR scoop: GM's $13 billion gamble (2013)
Mon, 30 Sep 2013By 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.
New Ford Fiesta ST sales double expectations – production increased
Tue, 06 Aug 2013Ford Fiesta ST (pictured) is selling so well Ford is having to increase production The new Ford Fiesta ST may have taken longer to get from concept to showrooms than expected, but now it’s here it’s proving to be a big hit for Ford. Ford finally managed to get the new Fiesta ST in to production in February, and at the time we commented that we thought the new ST would be a big hit with buyers. That’s down not just to how good the new Fiesta ST is, but because it comes at a very appealing price – just £17k for the regular ST and £1k more for the much better equipped ST2 – which undercuts Peugeot’s 208 GTI by £2k whilst offering similar performance but better dynamics.
De Tomaso Deauville production off to China
Mon, 26 Dec 2011De Tomaso Deauville - off to China Gian Mario Rossignolo’s De Tomaso has been struggling to get up and running, and now they’ve sold De Tomaso Deauville production to China. If there’s been one constant in the history of De Tomaso, it’s been a lack of money. And despite former Fiat exec Gian Mario Rossignolo’s takeover of the De Tomaso brand from the liquidators last year, it seems nothing much has changed.



