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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.

Mini USA celebrates 10-year anniversary

Mini USA issued a celebratory press release on Wednesday marking the 10th anniversary of its entry into the U.S. car market. The Anglo-Germanic reimagining of Sir Alec Issigonis's OG hot hatch has spawned six new models since 2002, including a convertible for hairdressers and a tiny SUV for forest gnomes.

The Designers, Pt 8 – Steve Mattin, Lada

Car Design News launched its first-ever Car Design Review yearbook at the Geneva Motor Show, featuring the award-winning Production Car and Concept Car Designs of 2013. If you're interested in buying a copy of the 160-page yearbook this interview appears in, alongside trend reports, bespoke car design infographics and a special feature on Marcello Gandini, our inaugural Lifetime Achievement Award winner, Car Design Review can be purchased here. Name Steve MattinRole Design director, LadaAge, nationality 49, EnglishLocation Moscow, RussiaEducation Coventry University "If you go back to 2011 and 2012 as the world was just coming out of the recession, companies were having big problems on all fronts.