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General Motors and Ford load up on small cars for bigger profits
Mon, 18 Jan 2010Ford has no qualms about charging nearly $23,000 for a fully loaded 2011 Fiesta, which is smaller than the Focus. The Fiesta sedan, which goes on sale this summer, starts at $13,995, including shipping. The Fiesta, with a 1.6-liter four-cylinder engine and a six-speed transmission, gets 40 mpg on the highway.
2011 model year is a quickie at Chrysler
Mon, 04 Apr 2011As soon as Chrysler Group dealers stock up on vehicles of the shortened 2011 model year, they'll have to start getting ready for the 2012 models. The truncated 2011 model year is a result of Chrysler's efforts to reinvigorate its lineup after its 2009 bankruptcy. The company introduced 16 new or revamped models for 2011 after a frantic 18-month engineering push.
Watch: BMW driver drifts 51 miles to set new world record
Thu, 16 May 2013Johan Schwartz shattered the Guinness World Record for longest sustained drift in a BMW M5 Saturday, completing a total of 322.5 laps and covering 51.278 miles. Schwartz, a BMW Performance Driving instructor, beat the previous 6.94-mile drift record at the BMW Performance Center in Greenville, S.C. using just one set of Continental tires.