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VW’s big jump in profits shows the cost for ‘Premium’ badges

Volkswagen’s profits jumped by £5.7 billion to £25.5 billion with sales numbers up by one million. But the big profits come from ‘Premium’ badges. What’s in a name?

Mazda CX-7 gets sporty makeover for Europe

By Ben Whitworth Motor Industry 29 September 2006 03:13 Mazda is scrabbling to ready a muscular 170bhp turbodiesel engine for its new CX-7 crossover, which arrives in Europe next summer. Although the five-seat 4x4 will initially come with a 258bhp version of the Mazda 6 MPS's turbocharged 2.3-litre four, European market demands for diesel power mean Mazda will unleash a new 2.2-litre version of its four-cylinder diesel. This engine will be hooked up to a slick six-speed manual or five-gear automatic transmission.

'Need for Speed' custom Ford Mustang sells for $300,000

The customized Ford Mustang from "Need for Speed" recently sold for big bucks at Barrett-Jackson, to the tune of $300,000. It may seem like a lot for a Mustang with a body kit in a movie that isn't going to win any awards. But the money went to a good cause -- it supports the Edith and Benson Ford Heart & Vascular Institute.