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Ferrari black: Prancing Horse turns a profit in first quarter

Ferrari racers have always worn red. But black has been the standard-bearer for the company so far this year, as the Prancing Horse turned a $72 million trading profit in the first quarter. Making money amid the global economic crisis is no small feat--and Ferrari posted the gain despite a slip in sales and revenue.

Chevrolet Camaro ZL1 deliveries halted

Hot business over on the forums today: According to GM Inside News, Chevrolet apparently has stopped delivery of the Camaro ZL1 because of an undisclosed issue. The whacking, thwacking, lumberjacking-and-it's-OK pony cars sent to dealers and--according to one poster--delivered to at least one customer are being hauled in for a once-over because of an unspecified possible issue with the potent machines. According to Monte Doran, communications manager for Corvette and Camaro, "We go through a standard quality assessment with every new vehicle and we found what we thought was a potential concern.

MINI John Cooper Works Range gets a new engine

MINI JCW range gets new engines MINI has had a play and a tweak with the 1.6 litre turbo engine in the MINI John Cooper Works Range to make it more appealing. The Geneva Motor Show this year saw the debut of the latest MINI JCW – the MINI Countryman John Cooper Works – and with it output figures we though might be arriving across the MINI JCW range. Those figures saw the output of the 1.6 litre lump in the JCW rise to 215bhp and, surprisingly, managed to come in with economy figures for the JCW Countryman that were much the same as the rest of the JCW range.