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Suzuki seeks end to partnership with Volkswagen

Suzuki Motor Corp. Chairman Osamu Suzuki on Monday said he plans to end his carmaker's turbulent two-year capital alliance with Volkswagen AG, citing concerns about independence and a dearth of technological exchanges and joint projects from the tie up. The spry, 81-year-old Suzuki executive compared the breakup to a divorce and said the two companies should "say goodbye with a smile" instead of trading bitter accusations.

BMW supercar stars in CAR’s new issue

By Phil McNamara First Official Pictures 26 May 2008 11:16 BMW is preparing the M1 Hommage concept for production, the new issue of CAR reveals. ‘We have the know-how, we have the right engine, we even have the infrastructure to build such a car,’ vows BMW board member Herbert Diess. The supercar was shot exclusively for CAR, and following interviews with BMW executives, our July issue reveals key project details including:• The timetable for production• The three-strong powertrain line-up• The lightweight body construction• The plan for ‘heron-wing’ doors, and a driver-focused, multi-layered interior • And why BMW’s new supercar won’t be called M1 Read the story in the July issue of CAR, on sale Wednesday 28 May.

Ford posts $2.4 billion profit

Ford Motor Company reported a profit of $2.4 billion on revenues of $35.5 billion, excluding Volvo, during the second quarter, the automaker said Tuesday. A year ago, Ford posted net profits of $2.6 billion on revenue of $35.07 billion, including Volvo. Excluding Volvo, Ford's revenue in the second quarter of 2010 was $31.3 billion.