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Ford posts record first-quarter profits

Ford Motor Co. said first-quarter net income increased 15 percent from a year earlier to $1.61 billion, as rising U.S. auto sales pushed North American profits to a record, offsetting deeper losses in Europe.

BMW i8 production car revealed – costs £99,845: Frankfurt 2013

The new BMW i8 Hybrid (pictured) will cost £100k in the UK The BMW i8 jas finally arrived in production guise at the Frankfurt Motor show, neatly creating the top end of BMW’s new i-brand range after the BMW i3 underlined the starting point. Looking really quite appealing, the i8 uses the same carbon fibre reinforced plastic bodyshell and aluminium chassis construction as the i3, but whereas the i3 is built to be a city car, the i8 is the closest we’re likely to get to a 21st century version of the BMW M1. Similar in size to the Audi R8, the BMW i8 is a 2+2 with a 3-cylinder 1.5 litre engine and generator sitting at the back and driving the rear wheels and an electric motor at the front driving the front wheels, with a petrol tank at the back and the batteries for the electric motor stored in the centre tunnel.

Audi delivers R8 V10 to originator of #wantanR8 hashtag

Audi R8 V10 - a gift for the day for a dose of Twitter love The Marketing world is changing fast, with online reporting and social media fast relegating traditional print media to the dustbin of history. And if you want a lesson on how to make social media work in the car world, you could do a lot worse than look at Audi’s recent efforts. Audi started using hashtags (that’s a little phrase preceded by the hashtag and used on Twitter) in its adverts for the Superbowl last year, which is a good way to get topics trending on the Twitter social media hub.