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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.
Porsche Panamera to receive long-wheelbase treatment for 2012
Fri, 11 Feb 2011Porsche is developing a long-wheelbase version of the Panamera in a bid to satisfy demand for greater rear-seat legroom from customers in North American and China. Details remain sketchy, but insiders at the company's research and development center in Germany have indicated to AutoWeek that the 115-inch wheelbase of today's Panamera will be extended by almost five inches, taking it up to nearly 120 inches. By comparison, the long-wheelbase version of the Mercedes-Benz S-class boasts a 124-inch wheelbase.
Mercedes and McLaren – the end of the road
Sat, 05 Dec 2009The last SLR Stirling Moss ends the McLaren Mercedes relationship Times they are a changin’ for Mercedes & McLaren. The very last Mercedes McLaren SLR – The McLaren SLR Stirling Moss – has now rolled out of production at McLaren in Woking and both Mercedes and McLaren are going their seperate ways. McLaren is working to bring the new McLaren MP4-12C to market by 2011 as a replacement for the SLR, and Mercedes has already launched their replacement – the Mercedes SLS AMG Gulllwing – although it will be a few more months before cars hit the road.