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UK car production tops 1.5 million
Thu, 23 Jan 2014THE NUMBER of cars built in the UK topped 1.5 million last year, the highest for six years, amid what's being called "surging" demand at home and abroad. Production increased by 3.1% in 2013, with analysts predicting that output would reach record levels of around two million by 2017. The Society of Motor Manufacturers and Traders (SMMT) said the UK was set to become the third largest car manufacturer in Europe after Germany and Spain.
Rare Ferrari sells for staggering £10 million
Mon, 30 Jun 2014A RARE FERRARI representing a key early stage in the history of the sports car manufacturer has sold at auction for £10.7 million. The sale of the 375-Plus at the Goodwood Festival of Speed in West Sussex, was a world auction record for a Ferrari sports racing car. A spokesman for auction house Bonhams also said it was the third highest price paid for any car sold at auction.
Ford lowers Sync price
Mon, 01 Aug 2011Ford is cutting the price of its Sync software, the company said on Monday. The price will drop from $395 to $295, and Sync will be available on base trim levels for the first time. The new pricing rolls out on the 2012 Ford Explorer and Ford Edge base models.