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Porsche boosted first half operating profit 3% to EUR1.29bn on sales up 4% to EUR7.03bn.

What is it?

What is it?

What is it?

What is it?

What is it?

What is it?

What is it?

What is it?

What is it?

Pictures 1 Aug, 2013

Pictures 1 Aug, 2013

French car sales rose in July, the first increase in almost two years, as new models and dealer discounts attracted customers.

Suzuki denied media reports that it and VW Group have resumed talks on how to resolve a dispute about a partnership deal.

Suzuki denied media reports that it and VW Group have resumed talks on how to resolve a dispute about a partnership deal.

BMW reported an 8.8 percent decline in second-quarter profit as spending on new models including its first electric car offset higher sales. BMW CFO Friedrich Eichiner said today that investments in new models will place a 1 billion euro ($1.

BMW reported an 8.8 percent decline in second-quarter profit as spending on new models including its first electric car offset higher sales. BMW CFO Friedrich Eichiner said today that investments in new models will place a 1 billion euro ($1.

Police in Valencia and Madrid have apprehended 8 people involved in a fake premium car ring after receiving a tip from a Ferrari Spain representative who had noticed a fake car being sold online.

The criminals transformed mid-level automobiles into Ferraris and Aston Martins. Fibreglass components were built in-house, and another shop took care of badges and logos to make the falsification complete. In fact, no untrained eye could tell the difference.

The fake cars were then sold through the Internet at €40,000 (approx. $55,000), which is roughly a fifth of what some of the real models are worth.

Overall, police seized 17 fake Ferraris and 2 fake Aston Martins.

Source : leparisien.fr

Photo: Sébastien D'Amour

Based on the Gallardo Super Trofeo, the limited-edition Lamborghini Gallardo LP 570-4 Squadra Corse will make its debut at the Frankfurt Auto Show this September.

Squadra Corse is the recently founded department within Lamborghini which manages all motorsport activities from GT3 to the Lamborghini Blancpain Super Trofeo championships in Europe, Asia, and America.

The new model has the same carbon fibre hood and rear wing as the Gallardo Super Trofeo, but weighs just 1,340 kilos. Its 570-horsepower V10 engine allows 0-100km/h acceleration in 3.4 seconds, 0-200km/h in 10.4 seconds, and a top speed of 320 km/h.

Four colours will be available with the Lamborghini Gallardo LP 570-4 Squadra Corse including Giallo Midas (yellow), Bianco Manocerus (white), Griogio Thalasso (grey), and Rosso Mars (red). Quantities and prices have yet to be announced.

Photo: Lamborghini

Three cryptography experts from a Dutch university, who have recently cracked the codes used to start luxury cars from Audi, Bentley, Porsche, and Lamborghini, want to publish the results of their work -- including said codes -- in an upcoming August report. However, Volkswagen (which owns the 4 brands) has been granted an injunction from a U.K. court.

The scientists are looking to explain the method used to penetrate Megamos Crypto -- the algorithm-based system that verifies an owner's key -- thereby allowing anyone with the right tools to wirelessly lockpick these expensive automobiles.

"The public have a right to see weaknesses in security on which they rely exposed," they argued.

Naturally, a judge ruled 3 weeks ago that "car crime will be facilitated" if they publish the algorithm.

We'll definitely keep an eye on that story...

Source : theverge.com

Photo: Philippe Champoux