British Seagull Outboard Motor Model 40 & 100 Operating Instructions 1964 Vtg on 2040-parts.com

VW developing 10-speed transmission to save fuel

Volkswagen is developing a 10-speed dual-clutch transmission to help reduce fuel consumption in its vehicles, CEO Martin Winterkorn said. The transmission is one of a number of drivetrain technologies that the automaker is focusing on for the mid- and long term, he said. Others include plug-in hybrids and a high performance diesel engine.

GM won't show new cars in LA

GM has delayed the unveiling of two new cars the company had intended to show the press and public at the forthcoming Los Angeles auto show. The largest US automaker will now show the production versions of the Buick LaCrosse and Cadillac CTS coupe at the Detroit auto show in January instead. "We believe we can better capitalize in Detroit" said spokesman Scott Fosgard.

McLaren turns the corner, posts first profits

By Tim Pollard Motor Industry 04 June 2014 10:48 McLaren Automotive today announced it had broken even for the first time in its brief three-year history, posting a £4.5 million pre-tax profit in 2013. It's great news for the young supercar brand, which until now has lost money every year. McLaren's turnover was £285m, up from £267 in 2012, as it increased production towards its long-term goal of 4000 cars a year.