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Kia to work with Lotus on ride and handling
Tue, 20 Jan 2009By Gareth Evans Motor Industry 20 January 2009 13:51 Kia is to work with renowned chassis experts Lotus on all future models to improve ride and handling. The new Soul will be first to receive the fettling from the experts in Hethel. The new strategy will ensure that future models will get a suspension set-up geared specifically for UK roads.
Porsche boss Mueller: A launch every year, 200,000 sales by 2018
Thu, 24 Feb 2011By 2018, Porsche CEO Matthias Mueller, 57, aims to boost annual global sales to more than 200,000 units, up from 97,000 in 2010. To do so, he will introduce at least one new Porsche every year. Mueller, a former executive at Volkswagen AG, replaced Michael Macht as Porsche AG CEO in October.
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.