Ford Posts Q1 Net Profit of $2.1 Billion
27 Apr 2010, 13:05 UTC · By: Dan Mihalascu / Ford has today reported strong financial results for the first quarter of the year, fueled by higher sales, particularly in North America. The company reported a net income of $2.1 billion for the f...
Mercedes Celebrates the 1,000th C63 AMG Sold in Australia
27 Apr 2010, 12:56 UTC · By: Alina Dumitrache / German manufacturer Mercedes-Benz is celebrating today its 1,000th C63 AMG sold since the Australian launch at the iconic Bathurst race circuit in 2008. With 1,006 sedans and 32 Estates now sold the...
NASA Teams-up with NASCAR
27 Apr 2010, 12:12 UTC · By: Andrei Tutu / The automotive industry has always sought inspiration from its aeronautics and space big sister for developing innovations that would allow it to create meaner (and even greener) racing vehicles, wi...
Volvo to Use LG Chem Li-ion Battery Packs
27 Apr 2010, 12:04 UTC · By: Andrei Tutu / Volvo’s future electric developments will see the company collaborate with the South Korean chemical producer LG Chem, as this will provide lithium-ion battery packs for the automaker. The ...
Ducati, the Only Bike Manufacturer at the Beijing Motor Show
27 Apr 2010, 10:59 UTC · By: Alina Dumitrache / Italian motorcycle brand Ducati was the only one to have been granted exhibition space at this year’s Beijing Motor Show, where it proved to be a hit. In fact, one Chinese visitor walked onto ...
Alonso Doesn't Consider Button a Title Rival
27 Apr 2010, 10:55 UTC · By: Ovidiu Panzariu / Although reckoning that Jenson Button's title in 2009 was well-deserved, Ferrari's Fernando Alonso still doesn't rate the 30-year old Brit with enough chances to challenge him for the...
Opel to Close Antwerp, Workers Agree
27 Apr 2010, 10:52 UTC · By: Daniel Patrascu / After more than a year of battling for the future of Opel's Antwerp facility, the employees found themselves caught between the proverbial rock and very hard place and had no choice but to agre...
Binz Stretches the Mercedes E-Klasse Sedan
27 Apr 2010, 10:58 UTC · By: Dan Mihalascu / Mercedes-Benz revealed the first official photos of the E Klasse Limousine, a stretch limo built by partner Binz. Binz is a company specialized in modifying cars for special services such as ambulan...
Mercedes SLS AMG Gullwing Sells for AU$464,000 in Oz
27 Apr 2010, 10:34 UTC · By: Daniel Patrascu / As the Mercedes SLS AMG Gullwing didn't even hit Australian shores, the local division of the German manufacturer announced the sports car will retail for AU$464,000 locally. The car is expecte...
Kyle Petty 2010 Charity Ride Kicks-Off May 1
27 Apr 2010, 10:33 UTC · By: Alina Dumitrache / NASCAR driver and racing analyst Kyle Petty will be joined by nearly 200 participants when the 2010 Charity Ride Across America will kick-off in Indian Wells, California, on May 1. The group will fi...
Liuzzi Insists Force India Is No Longer a Small Team
27 Apr 2010, 10:36 UTC · By: Ovidiu Panzariu / Vitantonio Liuzzi returned to full-time Formula One racing in 2010 with Force India, and the first thing he did was add some points to his tally from the very opening round in Bahrain. Proving that ...
Heico Gently Touches the Volvo C30
27 Apr 2010, 10:25 UTC · By: Andrei Tutu / Heico Sportiv offers a discreet tuning package for the 2010 facelift version of the Volvo C30. The hatchback now uses new rims, which come with a ten spoke design that fits perfectly with the car...
Visteon Execs to Split $237 Million
27 Apr 2010, 10:20 UTC · By: Daniel Patrascu / The Visteon bankruptcy story continues in the US, with the latest development being the claim that some company executives are advocating for a plan which will allow them to split $237 million in st...
Sauber Needs Finance to Develop F1 Car
27 Apr 2010, 10:20 UTC · By: Ovidiu Panzariu / Despite their impressive pace during the winter tests this year, BMW Sauber-Ferrari are yet to score a point in the 2010 Formula One Championship, being the only team (besides the newly-entrants) th...
AGV Launches THE CHICKEN GP-Tech Helmet Edition
27 Apr 2010, 10:10 UTC · By: Alina Dumitrache / Helmet manufacturer AGV recently announced the new limited edition THE CHICKEN GP-Tech motorcycle helmet will become available in Europe starting May, 2010, and in the United States starting this fa...
More Magna Parts for VW Chattanooga
27 Apr 2010, 09:45 UTC · By: Daniel Patrascu / Parts supplier Magna and German carmaker Volkswagen seem to have forgotten last year's problems, caused by the former's bid for Opel, and announced a new supply agreement for the supplier ...
Brawn Praises Button for Living Up to His Challenge
27 Apr 2010, 09:46 UTC · By: Ovidiu Panzariu / Although these things have already been written about about half of year ago, Ross Brawn once again disclosed the true reasons why Jenson Button left his title-winning team at the end of 2009. Back ...
Mitsubishi Posts Net Profit for Fiscal Year 2009
27 Apr 2010, 09:46 UTC · By: Dan Mihalascu / Mitsubishi Motors has posted a net profit of $51.8 million for 2009, the company selling 960,000 vehicles in fiscal year 2009, a 10 percent decrease on fiscal 2008 (-106,000 units). In Japan, the...
Lamborghini Targets 25 Percent Sales Increase for China
27 Apr 2010, 09:44 UTC · By: Andrei Tutu / Lamborghini plans to expand its business in China, aiming to sell 100 of its exotic vehicle in the country this year, as Reuters reports, citing the carmaker’s president and Chief Executive Of...
Harley-Davidson Bookings Booming in India
27 Apr 2010, 09:45 UTC · By: Alina Dumitrache / American motorcycle manufacturer Harley-Davidson might be saved from the somewhat troubled financial times by the Indian market, where the company started bookings for its entire range of bikes last...