Ford shares fell 65 cents, or 12.5 percent, to close at $4.55 Wednesday, while GM shares closed unchanged at $9.45. Toyota’s U.S. shares fell $1.90, or 2.2 percent, to close at $83.90, Honda’s U.S. shares lost 51 cents, or 1.7 percent, to close at $29.60, and Nissan’s shares dropped 51 cents, or 3.8 percent, to [...]
Maruti set to design cars from scratch in India The India auto industry was quite abuzz with the news that Maruti Suzuki India Limited (MSIL) is keen to design cars from scratch in India by the end of 2010. Sources have now confirmed that the country’s largest passenger carmaker has been hiring aggressively in disciplines [...]
Its been known for 40 years as the “King of the Road”. But this spring, the name of Ford’s extreme Mustang- the GT500KR- may be the cause of some confusion. The powerful and striking model is readying for a starring role in a remake of the hit TV series “Knight Rider”. Mix-ups will be [...]
Malcolm Wilson, managing director at M-Sport, gave his views on the season just ended. “First of all I’d like to thank Ford for the trust and confidence. I also would like to thank Stobart for their commitment to run Jari-Matti this year. He has gained confidence by the day and has developed into the [...]
The new Focus RS will be based on the dynamic new Focus ST. It will be developed by Ford Team RS, a specialist team led by Jost Capito who, as previously announced, is being appointed to the new role as Vehicle Line Director for Ford of Europe Performance Vehicles from January 1, 2008. With [...]
