Global passenger vehicle sales were up sharply once again at the end of the year, lifting the growth rate for the year to 4.6%, according to data from Polk.
In all, global new registrations came to almost 79 million units in 2014 (up 4.6%) and this year they are anticipated to top 80.6 million units.
Ford said its profit fell 56 percent in 2014 as it introduced 24 vehicles around the world, including the new Mondeo in Europe.
Ford posted net income of $3.2 billion, down from $7.2 billion in 2013.
Spyker NV has won an appeal filed on 29 December with the Appeals Court of Leeuwarden, the Netherlands.
It effectively overturns a lower court ruling that it was bankrupt which was declared null and void with retrospective effect and it has also secured funding for its future plans and means it can restart production of new models while its debt repayments are controlled.
TomTom has announced map updates around the globe, increasing coverage and improving features for all business customers.
TomTom’s global map database now covers over 44 million kilometres and 4.2 billion people worldwide, and features full navigable coverage for 126 countries.
Tesla opened its 20th Supercharger station in the UK, continuing the rapid expansion of the fast-charging network to enable long-distance travel in Tesla’s all-electric vehicles.
The announcement puts Tesla on course for full UK coverage by the end of 2015.
