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Ford's net profit slips to $1.65 billion for the third quarter
Wed, 26 Oct 2011Ford Motor Co., hurt by accounting changes related to commodity prices, said third-quarter net profits fell slightly to $1.65 billion from $1.69 billion a year earlier. Pretax profits fell to $1.94 billion from $2.06 billion a year earlier. North American pretax operating profits were essentially flat from the year-earlier period at $1.6 billion.
LA Design Challenge 2011: studios compete to design Hollywood car
Wed, 17 Aug 2011This year's LA Design Challenge will see competitors from around the world battle to design Hollywood's next movie car. Participating design studios from General Motors, Honda, Hyundai, Mercedes-Benz Germany (Smart), Mercedes-Benz Japan (Maybach) and Mercedes-Benz US will all be showcasing their creative talents in an effort to secure top honors. Automobiles in Hollywood films produced throughout the years have become some of the most iconic symbols of the films – perhaps as important as the movies themselves.
Drivers against remote stopping devices
Mon, 31 Mar 2014EU PLANS to introduced remote stopping devices that can be activated by the police in an emergency have been met with concern by drivers. Under the proposed legislation a six-year timetable for remote stopping devices is planned with the aim of police being able to bring dangerous high-speed car chases to a halt. A device would be fitted to all cars that would allow a central control room to cut the ignition and fuel supply of any vehicle.