Icon Jacket Accelernt Stealth 2x 2810-1283 on 2040-parts.com

U.S. examining Mini Cooper steering

The National Highway Transportation Safety Administration is investigating Mini Coopers for unexpected loss of power steering. NHTSA has launched an investigation of 2004-model Coopers after receiving 54 consumer complaints and a confidential number of field reports, the administration stated on its Web site. The reports state that it is hard to control the vehicle when the power steering fails.

Meet the new BMW 2-series

Thanks to some leaky websites, we can bring you the all-new BMW 2-series Coupe a little earlier than we expected. The new car will be shown first at the Detroit auto show in January and will arrive in U.S. dealerships next spring as the 228i and M235i.

Europe’s economic problems sees UK become biggest Ferrari market in Europe

The Ferrari F12 (pictured) helped Ferrari to strong profits in the first half of 2013 The economic crisis in the Eurozone has seen Ferrari’s sales in countries like Italy and Spain plummet, and Greece managed just one sale in 2012 (and even that came to the UK). But Ferrari have a plan to keep profitability by limiting supply and achieving stronger revenues for the sale they do make – with stuff like Ferrari’s bespoke Atelier and Tailor Made services and Classiche work adding more revenue – to keep them powering forward, and it seems to be working despite poor sales in many European countries. In fact, despite an increase of just 2.8 per cent in volume, Ferrari has managed to increase their profits in the first six months of 2013 by an impressive 20 per cent, with total sales of 3,767 and net profits of €1.22 million.