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Ford of Europe turnaround plan 'on track'

By Tim Pollard Motor Industry 25 June 2014 14:52 Ford of Europe will stem its huge 10-figure losses and return to profitability in 2015, president Stephen Odell vowed this week. Talking to CAR at the global launch of the Ford Edge in Cologne, Germany, Odell vowed that heavy losses would be reversed by the sweeping Ford of Europe turnaround plan whose fruits would be borne over the next 12 months. Ford lost $1.6 billion in Europe in 2013 - the third straight year of red ink flooding the region.

One Lap of the Web: Let's get dynamic

-- How do New Yorkers get by with cars? One way is to drive around in a Baja Bug. Another way is to dive into the strange subculture that is alternate-side street parking, as The Awl explains, which features its own robust cast of well-meaning street urchin characters.

Toyota FCV Has Passed its Most Important Stage Yet

Toyota FCV (pictured) moves closer to production With anticipation and excitement growing stronger and stronger for the Toyota FCV’s release, we are now one step closer to seeing it on the road with Toyota gaining the government’s approval status for them to build and inspect manufactured hydrogen tanks that carry high amounts of pressure. This has been a large hurdle in Toyota’s race to produce the world’s first road legal hydrogen powered vehicle due to the strict Japanese laws that outline all pressurised gas containers should be type-certified and should be available at all times to inspect for an official safety inspection throughout the manufacturing process. Now that Toyota have been given the go ahead, this boost in plans means that they can now ramp up the production of hydrogen tanks that can store hydrogen fuel at 70mpa (700bar) pressure.