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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.

Video: Lexus LF-CC concept explained by its designers

We're big fans of the Lexus LF-CC concept after seeing it in Paris. It's not what you would call traditionally beautiful but it's incredibly complex, engagingly off-beat and, most importantly, shows – along with the LF-LC concept – that Lexus may finally have a recipe for distinctive and consistent design. Here Lexus Design's General Manager Yo Hiruta discusses the continuing evolution of the brand in an interview with the Lexus Blog.

Mercedes start the tease for the 2014 S63 AMG

Mercedes are teasing the arrival of the new S63 AMG (pictured) The 2014 Mercedes S Class has already made its debut, at least in ‘standard’ guise, but there’s a lot more to come. There’s the S-Class Coupe – which will replace the current CL – and there’s the new S-Class Pullman – which will replace the Maybach. But the next instalment for the new S-Class will be the performance S63 AMG, which we’re expecting to arrive at Frankfurt in a couple of months, and ahead of that Mercedes is starting to tease its arrival.