
Ford has announced that it is to close its factory in Genk, Belgium, in late 2014. The plant currently builds Mondeo, Galaxy and S-MAX models, production of which is expected to move to Valencia, Spain during 2014.


Arrangements for the planned £10.4m government funding support for sports car maker Lotus have been put on hold,while its new owner makes a decision on its future.


When Porsche introduced the limited edition 911 GT2 RS back in May 2010, all 500 units were sold in less than two months – each costing little over £164,000.

The Tata Motors Group global wholesales, including Jaguar Land Rover, were 103,656 nos., in September 2012, lower by 4% over September 2011. Cumulative wholesales for the fiscal are 579,037, higher by 8%, compared to the corresponding period in 2011-12.