Ford Looses $8.7 Billion in Q2, Decides to Bring Six Euro Models in the U.S.

Ford Motor Co. today reported a second-quarter net loss of $8.7 billion which is the company’s worst quarterly results ever. But to sweeten things up, FoMoCo also announced that in response to the downturn and the dramatically changing conditions in North America, Ford, Mercury and Lincoln’s line-up will be almost completely revamped by the end of 2010.

The most important news is that Ford will add six small and compact European models to the North American line-up including four-and-five door versions of the Fiesta and Focus by 2010. In contrast to earlier reports this year, the American carmaker also said that it will infuse Mercury with new models including a small car in 2010. While there’s no doubt that FoMoCo is heading towards the right direction, the million dollar question is whether or not Ford will manage to stay out of trouble long enough to implement all of these crucial changes. –Details of Ford’s N.A. plan after the jump

Audi Looks Very Interested In Bringing Avant Models To The U.S.

The upcoming Audi RS6 Avant is widely expected to be offered in the United States.

VW Ad Banned In UK For Stereotyping Women As Caregivers

The UK’s Advertising Standards Authority says the ad presented gender stereotypes in a way that was likely to cause harm.

Toyota Land Cruiser To Be Dropped In US After 2022?

If you want a hardcore Toyota, you might have to opt for one with a Lexus badge.

Fernando Alonso All But Confirms 2020 Dakar Rally Entry With Toyota

The two-time F1 world champion embarked on a five-month testing program with the Dakar-spec Toyota Hilux.

Limited Edition Rolls-Royce Ghost Zenith Ready To Dazzle Europe

The Ghost Zenith Collection recently made its North American debut at Pebble Beach and will be made in just 50 units.

Chevrolet Offers $2500 Discount To Mustang Owners Who Switch To Camaros

Sales of the Camaro are well below those of the Challenger and Mustang, which has prompted GM to come up with this incentive.

Ford Looking To Secure Mondeo Evos Moniker, Should We Expect A New Model?

Interestingly, the name was first used on a concept car previewing Ford’s new design language eight years ago .

Rolls-Royce To Skip Plug-In Hybrids, Will Launch EV When “Time Is Right”

Rolls-Royce won’t follow in the footsteps of Bentley which plans to offer both plug-in hybrids and electric vehicles.

This Hellcat-Swapped Jeep Gladiator Is The Off-Roader We Secretly Want

This Jeep Gladiator’s 6.2-liter supercharged V8 Hellcat engine has been tuned to 750 hp.

Check Out The 2020 Lincoln Aviator From Every Angle In Huge Photo Gallery

Get a closer look at the Aviator Grand Touring hybrid too, with its 494 hp and 630 lb-ft.