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McLaren Automotive Launch – LIVE on Cars UK
Sun, 28 Feb 2010McLaren Press Conference Live on Cars UK I know, it’s more than a year since we reported that Ron Dennis was stepping down from his involvement in McLaren F1 to ‘Spend more time with the Family New Cars’ and almost a year since we reported that McLaren Automotive was being created as an independent company. So it seems a little odd to run a headline that says ‘McLaren Automotive Launch‘ when we’ve known about it for a year. But that year has been a busy one for Ron Dennis and the team at Woking.
Ford slows rate of cash burn in posting $1.4 billion net loss
Fri, 24 Apr 2009Ford Motor Co., the only U.S. automaker operating without federal bailout loans, burned through $3.7 billion in cash during the first quarter in posting its fourth straight quarterly loss. Ford slowed the burn rate from the fourth quarter of 2008, when cash declined by $5.5 billion.
Ferrari Hybrid confirmed
Tue, 09 Jun 2009The Ferrari F430 Spyder Bio Fuel car from the Detroit Motor Show in 2008 We learnt at the weekend that Lamborghini are to reduce their CO2 footprint by 35%, and we recently learnt about some of Ferrari’s Hybrid plans from patent applications the boys from Maranello had filed. But today we learn that not only is Ferrari looking at Hybrid options, but that it intends showing a car very soon – probably at the Los Angeles Motor Show in November. Ferrari is looking at several options to keep the ‘Environmentalists’ happy, including Bio-Fuel and Turbo charging.