Pair Of General Motors Electric Vehicle Ev1 Emblems on 2040-parts.com

Britain leads bumper year for Ferrari

FERRARI may be struggling on the Formula One track, but its bank accounts are in fine shape after profits reached new record highs. After delivering 3,631 cars in the first six months of the year – 3.6% fewer than the me period in 2013, in line with the company's plans to reduce deliveries – revenues were up 14.5% to almost £1.35 billion. Profits rose 5.2% to £185 million, which should pay for a good send-off for the outgoing Ferrari Chairman Luca di Montezemolo after his 23 years of service.

Ford Mustang (2014) first official pictures

By Damion Smy First Official Pictures 05 December 2013 05:00 It’s taken fifty years, but the Ford Mustang will be officially on sale in the UK for the first time next year, sporting V8 and – gulp – four-cylinder engines. Crucially, though, the Flying Ford will be offered in right-hand drive and will come with proper, grown-up independent rear suspension. ‘In Europe we want it to be seen as a credible sports car, and second, that the Mustang and the rest of our range be held in higher opinion,’ says Ford COO Mark Fields.

Akio Toyoda named Toyota president amid global crisis

Akio Toyoda, scion of Toyota Motor Corp.'s founding family and now its next president, will bring a U.S. perspective to the automaker as it battles falling sales and an unprecedented financial crisis. Toyoda, 52, will succeed current President Katsuaki Watanabe in June, the company said Tuesday, ending weeks of speculation.