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Ferrari posts record sales despite economic uncertainty

Global economic waters are far from calm, but Ferrari has managed to steer clear of the turmoil. The Italian automaker has released sales figures for the first six months of 2012, and they’re impressive by any measure. Revenues for the first half of the year are up nearly 12 percent, and net profits have risen 10 percent to over $130 million.

Suzuki A-Star concept (2007): first official pictures

By First Official Pictures 14 December 2007 10:00 Suzuki will use New Delhi’s Auto Expo next January to unveil its latest concept, the A-Star. Aimed at key evolving world markets like India, as well as Europe, the five-door A-Star hatchback will major on minimal environmental impact and real-world affordability, wrapped in what we think is some pretty striking sheetmetal. Details of the A-Star are limited, but we know it will be powered by an all-new Euro 5-compliant 1.0-litre aluminium petrol engine, hooked up to a five-speed manual transmission, that’s said to post an ultra-low CO2 rating of less than 107g/km, combined with exceptional fuel economy.

Chief engineer of Ford Focus quits to lead German yacht builder

Jens Ludmann, chief program engineer for Ford Motor Co.'s new Focus, is quitting the automaker to head a German-based maker of luxury yachts. Ludmann led a team at Ford's European base in Merkenich, near Cologne, Germany, that developed the Focus, the first car from CEO Alan Mulally's global One Ford strategy and flagship of the company's new range of global C-segment products. The German native, who joined Ford in 2000, will become CEO of Bavaria Yachtbau GmbH, effective Aug.