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Ford's net profit slips to $1.65 billion for the third quarter
Wed, 26 Oct 2011Ford Motor Co., hurt by accounting changes related to commodity prices, said third-quarter net profits fell slightly to $1.65 billion from $1.69 billion a year earlier. Pretax profits fell to $1.94 billion from $2.06 billion a year earlier. North American pretax operating profits were essentially flat from the year-earlier period at $1.6 billion.
Ferrari will launch first hybrid in 2013
Wed, 25 Apr 2012Ferrari will offer its first gasoline-electric hybrid system in 2013. The technology will be featured in the as-yet-unnamed car that will replace the limited-edition Enzo. "We are entering the market with our Formula One-derived hybrid system, which will slash fuel consumption and increase performance," Ferrari CEO Amedeo Felisa told Automotive News Europe on the sidelines of the Beijing motor show.
Car Design of the Year Awards 2006
Wed, 10 Jan 2007Only four more days until the contest closes! Make sure you get your vote in for the Car Design of the Year 2006. Here's a way to blow away those holiday hangovers before getting too drawn into 2007.
