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Mercury dies off, Lincoln to benefit

Ford's brand portfolio is set to get smaller by the end of the year. Following the sale of Aston Martin, Land Rover, Jaguar and most recently Volvo (to Chinese automaker Geely), the Blue Oval has now announced the demise of its 'middle of the range' Mercury brand, with production of the last vehicles set to cease at the end of 2010. In a statement released to media, Ford announced that the shuttering of the 71-year old Mercury brand was in the interest of focusing on Lincoln, the automaker's only remaining premium brand.

Chrysler repays $7.6 billion in outstanding U.S., Canadian loans

Chrysler on Tuesday repaid $7.6 billion in loans to the U.S. and Canadian governments, nearly two years after the No. 3 automaker was rescued.

Jody Scheckter turns farmer

Jody Scheckter Mercedes-Benz By Ben Whitworth Motor Industry 26 August 2008 10:11 Ever wondered what happens to F1 world champions when they hang up their race suits? Jody Scheckter – the last man to give Ferrari a world championship in 1979 before Michael Schumacher stepped in – has traded in the glamour of the pit lane for farming. The owner of the award-winning Laverstoke Park farm and acclaimed organic expert, South Africa-born Scheckter has sealed a deal with Mercedes-Benz World to supply the experience centre’s Gullwing Restaurant with organic food from his Hampshire farm.