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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.
BMW ActiveHybrid 5: BMW has another crack at Hybrid
Sat, 01 Oct 2011BMW ActiveHybrid 5 - arrives in the UK February 2012 BMW’s Hybrid efforts to date haven’t been exactly an unmitigated success, with the BMW ActiveHybrid X6 not even making it to the UK before it was dropped. But now they’re having another crack at eco-cars with the BMW ActiveHybrid 5, a hybrid version of the latest 5-Series. The ActiveHybrid 5 gets a 302bhp twin-turbo six-cylinder in-line petrol – a good start – and throws in to the mix a 53bhp electric motor.
SUVs – Huge in India
Tue, 13 Oct 2009The West’s perception of a 4×4 in India – the truth is quite different (click for full image) Car buyers in the West flooded in to SUVs / 4x4s of one sort or another over the last decade. But the current economic woes have brought the SUV bandwagon to an abrupt halt as buyers desert the SUV in droves in favour of something smaller and more economical. Indians can actually buy everything from the most popular Ford Endeavour through to a full blown Cayenne or Range Rover.