Author: Nick Gibbs
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‘Catastrophic’ Brexit scenario looms larger
Automakers are now bracing for their most feared outcome: the U.K. leaving the EU on March 29 with no deal at all.
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Ford readies new small crossover for Europe
Ford is expected to launch a new small crossover in Europe, possibly called the Puma, as the automaker concentrates on lucrative, higher-riding cars to help return its business in the region to profit.
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VW, Ford eye low-cost Turkey, Poland to boost van profits
VW may build Transit vans in Poland, while Ford could start output of the Transporter van in Turkey as the automakers plan a partnership to boost profits in that segment.
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VW mulls electric Land Rover Defender rival
VW is considering whether to build a battery-powered SUV with rugged styling like the Land Rover Defender.
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Jaguar Land Rover expected to announce big job cuts
Jaguar Land Rover is expected to announce substantial job cuts as the automaker looks to reverse losses following double-digit drops in demand in China and a slump in sales of its diesel cars in Europe.
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Is Lotus poised to blossom?
Signs are emerging that Geely wants Lotus to become a major player in the luxury market. One that will take on Porsche, Maserati and even break into the ultraluxury space to poach customers from Bentley, Aston Martin, Ferrari and McLaren.
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Ford, Toyota, FCA hit by Turkey’s economic woes
Automakers such as Ford, Toyota and FCA are being hit hard by Turkey’s economic crisis. Light vehicle sales in the country have fallen by a third this year.