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Volkswagen Beetle
Mon, 18 Apr 2011The 2012 Beetle has been unveiled ahead of its Shanghai Motor Show reveal. The new 'New Beetle' is said to draw on design cues from the original Beetle launched 73 years ago. Retaining a similar silhouette to the 2003 New Beetle, the 2012 model gains a stronger influence from the 2005 Detroit show 'Ragster' concept.
Ferrari celebrates 30 years in Hong Kong
Mon, 21 Oct 2013ICONIC sporting brand Ferrari turned on the style to celebrate 30 years of presence in Hong Kong. Ferrari's president Luca di Montezemolo was in attendance alongside a spectacular display of over 600 Ferraris - the largest gathering ever in Greater China - arranged to form the traditional five-petal flower. The gathering also was used to show the firm's latest offering the 458 Speciale which was unveiled by Marc Gene, the Scuderia F1 team's chief test driver.
GM posts $7.6 billion profit for 2011
Thu, 16 Feb 2012General Motors on Thursday posted a $7.6 billion profit for 2011, while recording its smallest quarterly profit of the year in the fourth quarter. Net income for the October-through-December period fell 7 percent from the year-earlier period to $472 million, as a $562 million loss in Europe--the steepest of the year there--weighed on the automaker's bottom line. North American earnings nearly doubled.
