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Ferrari P4/5 designer Castriota heads to Saab
Fri, 18 Jun 2010Jason Castriota, the noted designer who created the Ferrari P4/5 and the Maserati GranTurismo, is taking his talents to Saab. He will be in charge of design for the Swedish automaker as it looks to develop a new image after being sold by former parent General Motors, Bloomberg News reports. Castriota will work on developing an upscale model of the 9-3 and will try to bolster Saab to better compete with BMW and Audi.
A CAR reader’s festival ride in the Jaguar XKR 75
Tue, 06 Jul 2010CAR reader Archie Robertson, from Hertfordshire, won a money-can’t-buy prize at the 2010 Goodwood Festival of Speed thanks to CAR Magazine and Jaguar: an XFR super saloon for the weekend and VIP tickets to Goodwood including an unforgettable ride up the hill. Archie and his wife Judy spent Friday at the Festival of Speed with Jaguar hospitality thrown in. But the highlight of the day was a ride in the new Jaguar XKR 75, sitting alongside Jaguar’s chief chassis guru and driving legend Mike Cross, as he slithered and rocketed up Lord March’s front drive.
Ford's net profit slips to $1.65 billion for the third quarter
Wed, 26 Oct 2011Ford Motor Co., hurt by accounting changes related to commodity prices, said third-quarter net profits fell slightly to $1.65 billion from $1.69 billion a year earlier. Pretax profits fell to $1.94 billion from $2.06 billion a year earlier. North American pretax operating profits were essentially flat from the year-earlier period at $1.6 billion.