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Kia Picanto three-door (2011): first pictures
Mon, 15 Aug 2011Kia is launching a three-door version of the Picanto for the first time. The new entry-level supermini arrives in showrooms on 1 September 2011, priced from £7795. It's a wedgy, attitudinal hatch designed to broaden the appeal of the Picanto.
Jeep uncovers the 2012 Grand Cherokee SRT8 packing 465 hp
Tue, 19 Apr 2011Following a one-year hiatus, Jeep is returning the fire-breathing Grand Cherokee SRT8 to the lineup for 2012, which made its world debut at the New York Auto Show. Central to the changes is a new 6.4-liter Hemi V8 engine producing 465 hp and 465 lb-ft of torque--a 45-hp and 45-lb-ft improvement over the outgoing 6.1-liter unit. Jeep says the SRT8 is good to hit 60 mph in 4.8 seconds, cover the quarter-mile in the mid-13-second range and reach a top speed of 155 mph.
Ford slows rate of cash burn in posting $1.4 billion net loss
Fri, 24 Apr 2009Ford Motor Co., the only U.S. automaker operating without federal bailout loans, burned through $3.7 billion in cash during the first quarter in posting its fourth straight quarterly loss. Ford slowed the burn rate from the fourth quarter of 2008, when cash declined by $5.5 billion.