Ford takes next step of Lincoln overhaul with lux crossover

DETROIT: Ford Motor Co will unveil this week a luxury crossover designed to help the company gain a foothold in a fast-growing and profitable segment of the US luxury automotive market.

GM badly lags Ford in Europe restructuring

PARIS/DETROIT: Ford Motor Co, which clung to the road with a timely swerve before the 2009 crisis that bankrupted General Motors Co, may now be pulling a similar stunt in Europe.

GM sees European operations breaking even mid-decade

DETROIT: General Motors Co posted a surprisingly strong profit on Wednesday and said it was targeting a return to break-even levels in its European operations by mid-decade after a loss of as much as $1.8 billion in that region this year.