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Porsche 918 Spyder details emerge in leaked document
Mon, 22 Oct 2012Rennteam.com forum member Rossi has posted what looks to be leaked details of the Porsche 918 Spyder hybrid. We know much of the information, but we're psyched to learn that it only comes in left-hand drive. Other surprises include the quick charger that reduces charge times about 30 minutes and the inclusion of Sail Mode, which decouples the transmission from the engine to conserve fuel.
Chinese car firm set to expand
Mon, 30 Dec 2013CHINA’S newest car brand, aimed at the luxury end of the booming Chinese car market, is to release a second model to its range. Qoros, which introduced the 3 Sedan at the 2013 Geneva and Shanghai motor shows, is set to introduce the as-yet unnamed model in March, again at the Geneva show. Among the manufacturer’s claims are that the new car will boast European levels of materials quality, as well as advanced technology like an eight-inch touch-screen display and a Cloud-based infotainment system.
Moody's boosts Ford's credit rating
Wed, 23 May 2012Moody's Investors Service upgraded Ford Motor Co.'s debt to investment grade, culminating the automaker's six-year struggle to win back the Blue Oval and other assets mortgaged in 2006. Moody's is the second agency to upgrade Ford's debt from junk status, paving the way for the company to recover assets it mortgaged in 2006 to stave off bankruptcy. The company raised $23.5 billion in a move that allowed it to avoid government bailouts or bankruptcy when the industry collapsed in 2008.