Ford to invest $760m in China plant April 19, 2012 Ford is investing $760m to build a new plant in eastern China as part of its effort to catch up with U.S. rival General Motors Co in the world’s largest auto market. Ford said the new plant in Hangzhou in Zhejiang province will initially boost the US automaker’s annual capacity in China by 250,000 vehicles [...]
Car sales slump in Europe but Britain enjoys a revival in March April 17, 2012 EUROPEAN car sales fell for a sixth straight month in March, industry data showed yesterday, as the deepening slump in France and Italy outweighed a fragile recovery in Germany and Britain. Registrations dropped 6.6 per cent to 1.5m cars across the EU plus Switzerland, Norway and Iceland – their lowest March level since 1998, the [...]
Take pride and GROOM April 10, 2012 Shiseido Men Deep Cleansing Scrub, £21.50, houseoffraser.co.uk Made with cleansing granules, this scrub is meant to perk up your skin and helps prevent ingrown hairs. Good for all skin types, Shiseido is a formidable brand, and if you’re going to have one thing: have this. Tom Ford for Men, £45, houseoffraser.co.uk The king of perfect [...]
Twitter cosies up to car companies April 4, 2012 Twitter, looking for better proximity to car companies with hefty ad budgets, said yesterday it will open an office in Detroit. The San Francisco social media firm has located an office in the Motor City following a notable financial recovery by General Motors, Ford Motors and Chrysler after years of painful restructuring and depressed auto [...]
Ford raises car sales forecasts April 4, 2012 Ford Motor’s president for the Americas Mark Fields announced yesterday that a solid first quarter of US vehicle sales had caused the company to raise its 2012 forecast. The American car maker now expects the US auto industry sales for the year to be between 14.5m and 15m vehicles, including medium and heavy trucks. That [...]
FOOD & DRINK NEWS April 3, 2012 Wine website launches Lot 18, a groovy members’ only wine website stocking everything from Château Pontet-Canet Pauillac 1995 to Francis Ford Coppola’s Inglenook Rubicon Estate Blancaneaux 2009, has recently launched in the UK. If you fancy access to wines that are a little harder to find, at good prices for a limited period, it’s probably [...]
Anderson’s regret as Jayawardene punishes England March 26, 2012 FAST-BOWLER James Anderson urged England to forget their fielding howlers after an encouraging start to the first Test in Sri Lanka was undermined by a litany of dropped catches. England had the hosts at 67-4 early yesterday but wasted four chances to remove Mahela Jayawardene before the captain’s 168 not out swept Sri Lanka to [...]
UK manufacturing does not need favours – but it deserves a better press March 11, 2012 BRITAIN’S greatness was built upon the brains and brawn of our industrial revolution. Excepting sporadic flourishes of genius, we hit our stride when great minds turned their energies to the tasks of extracting, designing, building and moving the world’s wants. Machines replaced the labour of men, so those born poor could work their family out [...]
AT A GLANCE: RAIL REFORM March 8, 2012 ● Timings Transport secretary Justine Greening has put out a consultation paper in response to Sir Roy McNulty’s report into the sector last year. She hopes to see £3.5bn cut from the annual budget by 2019. ● Peak fares could rise Though the government wants to end inflation-busting fares, plans to ease congestion could include [...]
WHAT THE OTHER PAPERS SAY THIS MORNING March 7, 2012 FINANCIAL TIMES CURRENCY TRADING VOLUMES DROP Volumes in the world’s multi-trillion dollar foreign exchange market have dropped to six-year lows as nervous investors have shied away from trading the euro and central banks have continued to maintain a tight grip on the value of their currencies. SOCGEN TO FACE REGULATOR PROBE Société Générale is to [...]