Centric Parts 150.42105 Front Brake Hose on 2040-parts.com

BMW DesignworksUSA heads to China

In light of its growth within China, BMW plans to open a DesignworksUSA studio in the country. Building on its studio portfolio of Los Angeles, Munich and Singapore, the Shanghai studio will be added to the repertoire in the second half of 2011. The DesignworksUSA project acts as a 'think-tank' for all of BMW's brands, as well as creating design for clients from diverse industries.

Ferrari posts huge profits - by building fewer cars

AP Ferrari today announced an 8% jump in trading profits to €363.5 million in 2013 - despite selling 5% fewer cars. It's all part of the supercar maker's planned reduction in supply to keep values and demand for Ferraris rock-solid, Maranello reported. Turnover and profit all surpassed previous records, despite the reduction in the number of cars built.

Schumacher's old F1 car sells for a bargain £195k

When can you ever call a £195,000 classic Formula One car a bargain? When it was driven by the most successful F1 driver ever, Michael Schumacher. This Benetton-Ford B191 was due to go up for auction with Coys this Saturday 10 August at the Nurburgring, but the car has now been sold ahead of going under the hammer for just £195,000.