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Toyota to pay $32.4 million U.S. fine over timing of recalls
Tue, 21 Dec 2010Toyota Motor Corp. agreed on Monday to pay two more safety fines for a total of $32.4 million, the maximum allowable under U.S. law, to settle federal investigations of whether the company notified regulators of safety defects in timely fashion.
New products to drive Porsche's sales goals
Mon, 24 Jan 2011Porsche may add an entry-level sports car as part of a plan to double global sales to 200,000 units by 2018. The new four-cylinder sports car would be in addition to a small SUV and a plug-in hybrid supercar recently approved for production. Matthias Mueller, the former Volkswagen executive who took over as Porsche CEO in October, says a new product strategy will be completed by the end of March.
Top Gear Veyron vs McLaren – the Video
Sun, 05 Jul 2009McLaren F1 vs Bugatti Veyron - the Top Gear Video On paper, you would expect the Veyron to crush the McLaren F1. After all, it’s a much newer car and much more powerful, with 1,000bhp as compared to the McLaren F1′s relatively paltry 627bhp. But the McLaren is lighter and nimbler, so it’s less unequal than the numbers on paper may first suggest.