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Porsche 918 Spyder races toward production
Mon, 19 Mar 2012OK, let's put the usual arguments to rest first: The Porsche 918 Spyder is going to be even faster than the Carrera GT in a straight line. That's based on Porsche's own computer simulations in anticipation of the production version of the gasoline-electric-powered 918 Spyder, which is due to roll off a dedicated line within a decommissioned paint shop at Porsche's Zuffenhausen, Germany, headquarters next year. The claimed 0-to-62-mph time is 2.8 seconds; 0-to-124 mph is 8.9 seconds, and top speed should be about 202 mph, thanks in part to series of active aerodynamic functions, including a multistage rear wing.
Ford slows rate of cash burn in posting $1.4 billion net loss
Fri, 24 Apr 2009Ford Motor Co., the only U.S. automaker operating without federal bailout loans, burned through $3.7 billion in cash during the first quarter in posting its fourth straight quarterly loss. Ford slowed the burn rate from the fourth quarter of 2008, when cash declined by $5.5 billion.
Hyundai Hexa Space concept
Wed, 18 Jan 2012Hyundai debuted its Hexa Space concept at the Delhi Auto Expo, where its claimed this design revolutionizes the use of interior space. Externally, the Hexa Space evolves Hyundai's Fluidic Sculpture design language. While its lower body is reminiscent of last year's Curb concept, the more angular surface treatment marks a new direction for the brand.