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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.

Mercedes-Benz rolls out new Unimog

Mercedes-Benz has just presented a new generation of Unimogs to the public at the Agritechnica 2013 expo in Hanover, Germany. We're guessing that an event called Agritechnica doesn't need a translation, and neither does the Unimog, though perhaps not too many people on this side of the Atlantic know that its name is derived from Universal Motor Ger

Audi A3 Concept (2011): first pictures

Audi has released first sketches of the Audi A3 concept, ahead of its debut at the 2011 Geneva motor show. Audi is previewing the upcoming A3 with this saloon concept. It's powered by the fan-favourite five-cylinder turbocharged engine in 408bhp specification. Quattro four-wheel-drive and a seven-speed S-tronic double-clutch transmission complete the powertrain.  Sizewise, the new A3 saloon is 4440mm long, 1840mm wide and 1390mm high.  That's longer than the current A3 Sportback (4.3m) but shorter than the current VW Jetta saloon (4.64m). The new concept is slightly wider and lower than the current A3.