The 1000 mph Bloodhound Approaching First Test

The 1000 mph Bloodhound Approaching First Test

Few things on the road are faster than a Formula One race car, so it’s probably no surprise that the team developing the Bloodhound turned to Cosworth for help when they laid out plans to set a land speed record of 1000 miles per hour. But the modified F1 engine the...
Ford Could Add Extra $13 Bil to 2011 Profits

Ford Could Add Extra $13 Bil to 2011 Profits

Ford Motor Co. could be in for a whopping $13 billion profit, this year, simply from an accounting change that reflects the increased optimism about the Detroit maker’s financial health. That move would dwarf the $6.6 billion Ford earned during 2010, even before the...
Gas Prices Surge to $4

Gas Prices Surge to $4

Motorists in several parts of the country, notably including Southern California, have seen fuel prices surge past the $4 mark, with many industry observers predicting the country could soon see costs surge past the record figures set during the mid-2008 fuel scare....
Ford Investigates Abuse Claims At Chinese Supplier

Ford Investigates Abuse Claims At Chinese Supplier

Ford Motor Co. plans to investigate complaints that the employees of a supplier in China are working under very hazardous conditions. “We take these allegations seriously and are investigating the situation. Ford has a strong commitment to human rights and workplace...
Chrysler Recalling 250,000 Minivans

Chrysler Recalling 250,000 Minivans

Chrysler is recalling more than 248,000 minivans and crossovers due to problems that could lead the vehicles to unexpectedly stall out – an issue already linked to dozens of complaints and at least two accidents. The issue appears to be a key that may at times slip...
Leasing Making a Big Comeback

Leasing Making a Big Comeback

In the “bubble years,” prior to the economic meltdown, leasing had become the option of choice for millions of American motorists, accounting for a majority of the business for some luxury brands.  After all but vanishing during the downturn, leasing is now poised to...
Ex-GM Dealers Win Round in Court

Ex-GM Dealers Win Round in Court

More than 200 Canadian dealers who went out of business as General Motors Corp. re-organized in 2009 have succeeded in getting their $750 million class action suit certified. An Ontario court granted the former Canadian dealers the ability to present their suit, which...
BamBoo-zled?

BamBoo-zled?

A surprisingly large chunk of real estate at the annual Geneva Motor Show is dedicated to specialty manufacturers and so-called “tuners,” some reasonably well-known, like Brabus, others likely to put in an appearance and then never be heard from again. But each Geneva...
New Cruze Hatchback Backing Chevy’s European Assault

New Cruze Hatchback Backing Chevy’s European Assault

What’s more American, as the old ad slogan went, than “hot dogs, apple pie and Chevrolet?”  Well these days, it’s not only the USA you can see in your Chevy. The maker is giving European motorists a first look at the new Cruze hatchback at the 2011 Geneva Motor Show,...