Ford Otosan booked a 57% rise in net profit to TKL195.7m (US$123.6m) in the fourth quarter, comfortably beating forecasts thanks to strong economic growth and the cheap loans that kept Turks buying cars.
Peugeot’s new Ford Fiesta rival caught cold weather testing ahead of its launch in 2012.
Rochling Automotive, a Germany-based maker of plastic components, will open a new manufacturing plant this year in Akron, Ohio, to supply fuel-saving engine and body undershields to Ford Motor Co. and General Motors Co.
Ford Otosan posted a fourth quarter net profit of 195.7 million lira ($123.6 million), a 57 percent rise on last year's figures.
The last time I actually drove the base model Lancer was last year when my girlfriend was shopping for a new car. She knew she wanted a four door, practical sedan, that was it - we test drove the Honda Civic, Mazda3, Ford Focus and Mitsubishi Lancer.
Rochling Automotive, a Germany-based maker of plastic components, will open a new manufacturing plant this year in Akron, Ohio, to supply fuel-saving engine and body undershields to Ford Motor Co. and General Motors Co.
Two of Detroit's three automakers are confirmed no-shows for this year's Tokyo Motor Show, with the third uncommitted as the deadline nears.
Interesting development today as Ford announced it was planning a joint venture with well established Russian automaker Sollers.
Mazda is studying various options for its unprofitable U.S. plant operated jointly with longtime partner Ford, CFO Kiyoshi Ozaki said today. Japan's second-largest automotive exporter will announce plans for the Flat Rock, Mich.
Ford's Russian joint venture announced today (18 February) with Sollers came on the same day as Fiat ended negotiations with the company.
Having inked a memorandum of understanding, Ford and seasoned Russian automaking group Sollers plan to establish a 50-50 joint venture in Russia with operations under way by the end of the year.
General Motors is introducing a competitor to Ford's Sync infotainment system that will provide text messaging, e-mails, traffic advisories and other connected-car functions.
General Motors is introducing a competitor to Ford's Sync infotainment system that will provide text messaging, e-mails, traffic advisories and other connected-car functions.
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Ford is remaining tight-lipped as to information about its salary negotiations this year ahead of senior management pay details this spring.
Ford plans to form a joint venture with Sollers, Russia's second-biggest automaker, for the production and distribution of Ford vehicles in Russia.
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Ford plans to form a joint venture with Sollers, Russia's second-biggest automaker, for the production and distribution of Ford vehicles in Russia.
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Volvo has decided to make cars in Chengdu, southwestern China. The area has a huge market for luxury cars and is close to Ford's plant in Chongqing where Volvo models are also made.
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Ford Abu Dhabi World Rally Team chief Malcolm Wilson says he is confident that Jari-Matti Latvala's testing crash in Portugal last night won't affect his squad's preparations for Rally Guanajuato Mexico.
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GM will introduce a competitor to Ford's Sync infotainment system that will provide text messaging, e-mails, traffic advisories and other connected-car functions.
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Two of Detroit's three automakers are confirmed no-shows for this year's Tokyo Motor Show, with the third uncommitted as the deadline nears. GM and Chrysler Group will sit out the December event, skipping the show for a second straight time.
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