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Ford cuts CEO's compensation 37%
Wed, 25 Mar 2009Ford Motor Co. CEO Alan Mulally earned $13.57 million in total compensation in 2008, a 37 percent decline, as the automaker avoided seeking a federal bailout while posting a record loss. Mulally will take an additional 30 percent cut in salary this year and next as he battles a global financial crisis and the worst U.S.
Roush debuts tuner kit for 2011 Ford Mustang
Thu, 26 Aug 2010If the 412 hp from your 5.0-liter Mustang just isn't quite enough, Roush Performance Products has launched the ROUSHcharger tuner kit for your car, boosting output to 550 hp on pump gasoline with more than 470 lb-ft of torque. The kit (part number 421140) has a suggested retail price of $5,999 and is available now. The kit comes with a 90-millimeter pulley and generates an estimated seven pounds of boost.
Subaru Hybrid Tourer Concept revealed
Wed, 30 Sep 2009The Subaru Hybrid Tourer Concept will be at the Tokyo Motor Show The Subaru Hybrid Tourer Concept has the usual flights of fancy, like double-length gullwing doors and a motorised dash that moves up and down to give thr driver the best view ahead. But if you ignore the obvious concept bits, the Tourer looks very close to a new Subaru model. Powered by a 2.0 litre turbo-charged Boxer engine, the Hybrid Tourer also gets a pair of electric motors and a CVT ‘box (shame on the CVT.