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Ford posts $2.4 billion profit

Ford Motor Company reported a profit of $2.4 billion on revenues of $35.5 billion, excluding Volvo, during the second quarter, the automaker said Tuesday. A year ago, Ford posted net profits of $2.6 billion on revenue of $35.07 billion, including Volvo. Excluding Volvo, Ford's revenue in the second quarter of 2010 was $31.3 billion.

BMW i3 tops Sunday Times best Electric Cars list

The BMW i3 EV tops Sunday Times best Electric Cars list Just as they did with the new Range Rover last year, the Sunday Times has declared the new BMW i3 EV the pick of the bunch of electric and hybrid cars on sale in the UK, despite the i3 not yet arriving on UK roads. But there seems a good chance that the Sunday Times have got it right this time too, just as they did with the new Range Rover. The Sunday Times praised BMW for biding its time with the launch of their first electric and range-extender car (the next, the BMW i8 supercar, will arrive in 2014) and said the i3′s big appeal lies not in its cutting edge electric motor or battery technology – because there isn’t any – but in its appeal as a car even without its EV powertrain.

Ferrari Power Extended Warranty can run for 12 years

Your Ferrari can now be warrantied for up to 12 years It used to be that once your twelve months warranty on a car was done and dusted you were on your own. But things have changed massively in recent years. From Kia’s 7 year warranty to Vauxhall’s ‘Lifetime’ warranty, owning a car for an extended period is now much easier thanks to new warranties offering fixed-cost liabilities – no more nasty surprises.