Ford Oem Seat Track Cover Gl1z7863389eb Image 9 on 2040-parts.com

Special Edition Bmw M5 Packing More Power Is Launched

BMW’S popular M5 performance saloon has reached an important milestone – it’s 30 years old. And to celebrate, the German car maker has unveiled a limited edition model boasting more power than any previous M5. Branded the M5 30 Jahre Edition, this limited run ’30 Years’ version packs 600 horsepower – 40 more than the standard car.

Ford boss Alan Mulally on how he saved Ford

Ford president and CEO Alan Mulally today told British business leaders how he saved Ford from the worst recession for a generation. He also outlined how the Ford range will shrink from 97 models sold globally to just 20. Mulally gave the keynote speech to the Confederation of British Industry in London, where business bigwigs heard how Ford became the only Detroit car maker not to collapse into bankruptcy.

Detroit Electric delays SP:01 again

Detroit Electric, the new startup with an old name, said it is delaying production because it hasn't secured a lease or purchase agreement for its manufacturing facility in Plymouth, Mich. It is also talking to some new partners, though the company declined to name them. North American president Don Graunstadt told the Detroit News, “To further elaborate at this juncture is, unfortunately, not possible as Detroit Electric have entered into negotiations with other parties that have the potential to impact our business strategy and timing,” Graunstadt said.