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What's New: August 2004

Ferrari F430  The F430 is the first of a new generation of Ferrari 8-cylinder models. This new car takes Ferrari?s achievements with aluminium technology, begun with the 360 Modena, to a new level, and offers a series of innovations derived from the Ferrari Formula 1 single-seaters. Two of these are world firsts for production cars: the electronic differential (E-Diff) and the steering wheel-mounted switch, which manages the integrated systems governing vehicle dynamics.

Chrysler posts $212 million quarterly profit

Chrysler Group on Thursday reported third quarter net income of $212 million, up from a net loss of $84 million a year earlier. Revenue rose 19 percent to $13.1 billion. The company ended the quarter with $9.5 billion in cash, down from $10.2 billion at the end of the second quarter.

Russians show great interest in Corvette legend Zora Arkus-Duntov

It wasn't until recently that Russians understood that Chevrolet Corvette chief engineer Zora Arkus-Duntov, the patron saint of the America's sports car, was a Russian. Now, there seems to be intense media interest in this fact in a country that is waking up to all things automotive related. Arkus-Duntov's life and work is on display at the Alexander Solzhenitsyn Center for Russian Emigres in Moscow.