Monthly Archives: October 2014

UK car industry’s rebound driven by Japanese automakers

Jaguar, Rolls Royce, Land Rover, Mini, MG. The pantheon of British automakers has a storied history, but it is not exactly populated with big-volume world-beaters.

And its recent history has been darkened by years of decline in which many of these household brand names were bought and sold by overseas rivals betting they could engineer a turnaround.

Ford’s Q3 pretax operating profit tumbles 54%

Ford's Q3 pretax operating profit tumbles 54%

BY Bradford Wernle

Ford CEO Mark Fields (photo above) today delivered the first report card on his performance since taking over for Alan Mulally on July 1. He gave every sign that he’ll have more to show off next year.

EU ‘greenhouse gas emissions cut’ deal reached

EU 'greenhouse gas emissions cut' deal reached(AP Photo/Geert Vanden Wijngaert)

By MIKE CORDER and MONIKA SCISLOWSKA

European Union leaders agreed early Friday to cut greenhouse gas emissions in the 28-nation bloc to at least 40 percent below 1990 levels by 2030.

The deal was aimed at countering climate change and setting an example for the rest of the world ahead of key international climate negotiations next year.

Honda introduces new driver assistance system, ‘SENSING’

Honda introduces new driver assistance system, 'SENSING'

Honda  is introducing a new driver-assistive system, Honda SENSING, which will first be applied in the all-new Legend mid-size luxury car to go on sale in Japan before the end of this year, and then successively to more models in the future.

US automaker Ford starts luxury Lincoln sales in China

US automaker Ford starts luxury Lincoln sales in China

US automaker Ford has launched its first vehicles under the luxury Lincoln brand in China, the company said, as it seeks to make inroads into a market dominated by German cars.