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Ford EcoSport, Kuga & Edge SUVs will drive Ford’s sales

SUVs, like the Ford Kuga (pictured) will drive Ford sales in the future In 2010 we decided that the Ford Kuga was the inheritor of Ford’s ‘Family Car’ crown, as it offered everything a traditional family saloon does but in a more practical package. And the car buying public seem to agree. Ford’s latest Kuga is selling so well Ford has had to up production for Europe, and the new compact EcoSport SUV is about to take on the world, with Ford planning to roll it out in 60 countries across the globe in the next few years.

Bondholders snub GM, bankruptcy filing likely

Nowhere near enough General Motors bondholders agreed to exchange their debt for stock before a midnight Tuesday deadline, making a bankruptcy filing by the automaker highly likely. GM had set a threshold of 90 percent of the $27 billion in bond debt it wanted to exchange for 10 percent of the stock in a reorganized company for the deal to take place. In a statement Wednesday, GM said the amount of notes tendered was substantially less than the 90 percent target.

Elway seeks another fourth-quarter comeback

It was looking to the world like National Football League great John Elway was finished, settling into a middle-aged retirement of lush golf courses and tending to his investments. But how could a guy with a career record of 34 fourth-quarter comebacks ever be finished? Not only is the 50-year-old former Denver Broncos quarterback back with the Broncos, neck deep in a labor dispute, draft-pick planning and franchise rebuilding.