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Ford bets customers will pay premium prices for the Fiesta
Mon, 21 Dec 2009Ford Motor Co. will charge more than $23,000 for a fully loaded Fiesta, a new car smaller than the Focus. Ford thinks consumers are ready to pay premium prices for small cars, which long have been dominated by budget shoppers.
Press leaving Chrysler, report says
Fri, 21 Aug 2009Chrysler Group Deputy CEO Jim Press is planning to leave the company before the end of the year, according to a report Friday by The Wall Street Journal, citing unnamed sources. Press, 62, is expected to leave before December, one of the newspaper's sources said. Chrysler spokesman Gualberto Ranieri declined to comment on the paper's report.
New 2011 / 2012 Ferrari 612 is 4×4 Shooting Brake
Fri, 31 Dec 2010The 2011 / 2012 Ferrari 612 will be a 4x4 Shooting Brake (render by Vandenbrink design) Last month we had an email in from Argentina pointing us towards spy shots published by Autoblog Argentina which seemed to be of an all wheel drive Ferrari 612. Which tied in very well with the story we ran over a year ago when we reported that a 4×4 platform for the next Ferrari 612 was a certainty, just six months after we reported Ferrari were working on four wheel drive hybrid propulsion system. But the Ferrari 4×4 setup is very different to the permanent all wheel drive system used by Lamborghini.