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Ford to cut Australian manufacturing in 2016

Ford Motor Co., saddled with high costs, falling sales and financial losses, will close Australian car and engine assembly plants in October 2016 after almost nine decades of manufacturing in the country. Ford, the smallest of the country's three manufacturers after Toyota Motor Corp. and General Motors, will shut its assembly plant in Broadmeadows in northern Melbourne and an engine plant in Geelong to the west of the city, Ford Australia CEO Bob Graziano said.

Enzo Ferrari: Twin turbo & 1000 hp

1,000 hp twin turbo Salt Flats racing Enzo There’s an argument that messing with a limited edition hypercar is sacrilege. And, to a degree, we sympathise with those who consider the pimping of an Enzo Ferrari by the likes of Uwe Gemballa to be akin to letting Damian Hirst paint a new set of clothes on the Mona Lisa. But there are times when the reasons make a whole lot of sense.

Nissan reveals Leaf Autonomous Drive prototype

What a difference a year makes. Last year Nissan exhibited a self-parking car at CEATEC, Japan's largest show for IT and electronics. Back then a Nissan NSC-2015 concept car, a Nissan Leaf with what seemed like a couple hundred pounds worth of computers in the trunk, was able to find a parking spot for itself under controlled conditions and park itself.