Ford said new Europe chief Jim Farley is tasked with accelerating the automaker's turnaround in the region, where it expects to lose $1.2 billion this year. Farley is swapping jobs with Ford of Europe President Stephen Odell, who will move to the U.
Ford has moved swiftly to quash suggestions this morning's news - broken exclusively by just-auto - that its global sales and marketing head Jim Farley and Ford of Europe chief Stephen Odell are to change jobs - is performance-related.
Ford has moved swiftly to quash suggestions this morning's news - broken exclusively by just-auto - that its global sales and marketing head Jim Farley and Ford of Europe chief Stephen Odell are to change jobs - is performance-related.
We've just this afternoon had official confirmation of what became this week's biggest news - as broken this morning by just-auto, top Ford executives Stephen Odell and Jim Farley are to swap jobs.
Suzuki, Japan's fourth largest carmaker and a dominant player in the minicar sector, saw its operating profits fall by 14% in the July-September quarter.
Mercedes-Benz sold a record 140,941 vehicles in October, an increase of 11.5% on the same month last year.
Commercial vehicle demand in the UK grew 27% in October to 35,027 units, driving the market up 14.1% to pass 300,000 units.
South Korea's Hankook Tire Company launched a new tyre brand this week to help strengthen its presence in global markets.
Domestic sales among South Korea's five main automakers fell by less than 1% year on year to 121,430 units in October, according to data released individually by the vehicle manufacturers.
Up to 60% of the Iranian car parc, as well as much of the country's road infrastructure could be in need of urgent replacement to halt the catastrophic number of road fatalities and accidents, says a leading European Chamber of Commerce.
Audi's global deliveries rose 11 percent in October helped by strong sales in China, the U.S. and the UK, and robust demand for the automaker's A3 and Q5 models.
The AGC Technovation Centre was inaugurated this week in Gosselies (Charleroi region, Belgium).
Daimler said vehicle sales at its Mercedes-Benz Cars unit, which includes the Mercedes and Smart brands, rose 8 percent to 146,112 in October.
News
7 Nov, 2014
Automated driving systems could appear on Volkswagen Group cars within the next five years
Alarmed by a report a decade ago that one of its airbags had ruptured and spewed metal debris at a driver in Alabama, Japanese supplier Takata secretly conducted tests on 50 airbags it retrieved from scrapyards, two former employees involved in the tests, one of whom was a senior member of its testing lab, told the New York Times.
News
7 Nov, 2014
Volkswagen will replace core models like the Golf and Passat every five years, with facelifts after three
Opinion
7 Nov, 2014
Excessively priced insurance is the reason first-time drivers find it so difficult to run a car, says Mike Rutherford
Honda, facing a US safety probe, has strengthened its recall of US cars to replace potentially defective Takata air bags linked to several deaths.
Former Ferrari boss Luca Cordero di Montezemolo will become chairman of Italian airline Alitalia with Etihad Airways CEO James Hogan as his deputy in the new company that will be formed when the Italian airline ties up with the Abu Dhabi-based carrier, two sources close to the matter told the Reuters news agency.
Ford global marketing chief Jim Farley will move to Germany to steer Ford of Europe starting January 1 in a job swap with European boss Stephen Odell, the company said.
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