1967 Ford Mustang Gt Fastback Fomoc 16 Th Scale Motorized Xmasgift Car Ad 1968 on 2040-parts.com

Electric Cars not fit for the market say Car Industry bosses

Motor Industry bosses have said this week that the Electric car market is carnage and that EVs are not fit for primetime sales. We’ve made no secret of our views on electric cars: they’re simply not fit for the market. And now it seems motor industry bosses are finally standing up and saying much the same.

Rolls-Royce Ghost V-Specification dialed up to 593-hp

Just before a refreshed Rolls-Royce Ghost debuts at the Geneva Motor Show in March, the British automaker has rolled out a performance edition of its "entry level" sedan with 593-hp underhood. The standard Ghost sedan wasn't exactly short on power until the announcement of the V-Specification version -- the company's 6.6-liter twin-turbocharged V12 engine produces 563-hp and 575 lb-ft of stump-pulling torque in standard form. Yes, gone are the days when Rolls-Royce declined to disclose exact power figures and simply listed their powerplants' output as "adequate." Now Rolls-Royce is forced to compete in this cutthroat market with its performance stats, it seems.

GM cuts Facebook ad spending, but Ford steps on the gas

On the eve of Facebook's wildly anticipated initial public stock offering, General Motors said May 15 that it will stop buying advertisements on Facebook--about $10 million a year--but "remains committed" to the social network as part of "an aggressive content strategy with all our products and brands." In other words, GM will not pay Facebook for ads but will continue to maintain content, for which Facebook doesn't collect revenue. News of the decision was reported in The Wall Street Journal. But GM's position is far from universal.