The vehicle expected to replace the Australian-made Ford Territory from 2016 – the next-generation Ford Edge – looks set to be imported from Canada. Ford says a C$700 million ($724 million) investment into its Oakville, ...
Tags: Ford, Territory Replacement
The second-generation Ford Edge SUV that's set to replace the locally built Territory from the end of 2016 has been photographed testing in prototype form. Ford insiders pointed CarAdvice to the Edge at the August unveiling of the Everest ...
Tags: Ford, car, auto, Transportation
Private equity firm, Advent International has sold Deutek, Romania’s largest manufacturer of decorative paints and coatings to Emerging Europe Accession Fund (EEAF), the third private equity fund managed by Axxess Capital. The value ...
The WTO lawsuit is expected to reach a verdict at the end of this year. Members of the Chinese Society of Rare Earths (CSRE) and Association of Rare Earth Industry (ACREI) have expressed that China has a high chance of losing the lawsuit ...
Tags: Rare Earth, Metallurgy, Mineral, Energy
Dorel Industries bought a 70 percent interest in Caloi, a major Brazilian manufacturer of bicycles and equipment and one of the largest bike brands in Latin America, the company announced Thursday. Caloi's sales in 2012 were close to R$ ...
Tags: Transportation, bike
Ford Motor Company chief operating officer Mark Fields admits next year’s launch of the facelifted Ford Falcon will be unprecedented. This is because the updated Falcon will be launched from death row. CarAdvice asked Fields ...
Tags: Ford Motor, Fields
Ford Australia will cut vehicle production in the lead-up to September’s federal election following record-low sales, which the company has blamed primarily on the government’s proposed fringe benefits tax (FBT) rule changes. ...
Tags: Ford Australia
The Nurburgring-blitzing Ford 1.0-litre EcoBoost-powered open-wheel racer will be on hand in Australia at the local manufacturer’s Go Further event tomorrow. Recording the 11th-fastest lap around Germany’s 20.8km Nurburgring ...
Tags: Ford, 1.0-Litre Ecoboost Racer
Japanese automobile production in June this year totaled 808,557 units, decreasing by 84,588 units or 9.5 percent compared to the same month of the previous year. Japan's auto output indicated a year-on-year decline for the 10th consecutive ...
Tags: Automobile Output, Mineral
French automobile manufacturer Renault has collaborated with vehicle manufacturer Iran Khodro (IKCO) to start the production of its vehicles in Iran. Under the partnership, IKCO is expected to manufacture Renault's Clio 4 and Clio 3 model ...
General Motors has reportedly pushed pack the launch of the next-generation Chevrolet Cruze by 12 months as a result of engineering changes. According to a report from Reuters, sources with knowledge of the US car maker’s plans say ...
Tags: Next-Gen Chevrolet, Cruze
The Ford Mustang is returning to Australia but a bigger surprise is that the Blue Oval's American large car, the Taurus, is not set to replace the Falcon from 2017. A return of the famous US muscle car has been expected after Ford ...
India is evaluating plans to raise the import tax on refined edible oil, in order to discourage the rising shipments from Indonesia and Malaysia, which are affecting the local refiners. Currently, India imposes a 7.5% tax on edible oil ...
Tags: India, Import Tax, Oil
The Northwest European July benzene contract price has been fully settled at Eur978/mt or $1,274/mt CIF ARA, according to negotiating parties. The settlement is down Eur67/mt ($79/mt) from the June contract price of Eur1,045/mt ($1,353/mt) ...
Czech automobile manufacturer Skoda, in co-operation with Volkswagen Group Russia and GAZ Group, has started the production of the new Octavia vehicle at the GAZ's Nizhny Novgorod plant in Russia. The plant, which already produces ...