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BMW, Toyota to jointly develop a sports car
Fri, 29 Jun 2012BMW and Toyota Motor Corp. on Friday said they will develop a sports car together and cooperate in fuel cell technology, powertrain electrification and lightweight technologies. BMW CEO Norbert Reithofer and Toyota President Akio Toyoda signed an initial agreement at BMW's Munich headquarters to expand long-term strategic collaboration between the two automakers.
Lamborghini Aventador LP700-4 Gearbox recall
Sat, 17 Dec 2011Lamborghini Aventador LP700-4 Gearbox fix creates recall It’s reported that Lamborghini are recalling the Aventador LP700-4 to correct gearbox problems. Last month we reported that the Lamborghini Aventador was suffering from gearbox problems, and that Lamborghini were delaying the delivery of cars afflicted until they could find a fix. Which wasn’t a great surprise for a new, small run car.
Ford boosts prices 0.4 percent on 2011 models
Mon, 04 Apr 2011Ford Motor Co. said it boosted prices an average of $117, or 0.4 percent, on 2011 models effective Friday, April 1. The increase is because of “higher commodity costs,” George Pipas, Ford's chief sales analyst, said Monday.