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BMW to push build-to-order for X3
Fri, 14 May 2010BMW wants you to buy a car the European way: The German automaker, which wants to pass Lexus as the leading luxury brand in the U.S. by 2012, is trying to convince its U.S. customers that they should order their BMWs with exactly the stuff they want on it, not settling for whatever is on the lot.
Cadillac ConverJ unveiled at Detroit auto show 2009
Mon, 12 Jan 2009By Tim Pollard Motor Shows 12 January 2009 14:29 GM came out fighting with new product in tune with the times at the Detroit auto show 2009. The Cadillac ConverJ is an electric-powered limousine not seen until press day, harnessing the same plug-in hybrid tech as the Chevy Volt. GM product overlord and everyone’s favourite sound-bite merchant Bob Lutz said the Volt’s drivetrain had been renamed the Voltec system and it was this lithium-ion battery set-up that underpinned the ConverJ concept car.
Ferrari black: Prancing Horse turns a profit in first quarter
Wed, 06 May 2009Ferrari racers have always worn red. But black has been the standard-bearer for the company so far this year, as the Prancing Horse turned a $72 million trading profit in the first quarter. Making money amid the global economic crisis is no small feat--and Ferrari posted the gain despite a slip in sales and revenue.