Geely Automobile said its sales will most likely slow this year to less than half the pace of 2013 and lag the industry in China. It added that deliveries will increase by about 6% to 580,000 units.
By 1964, Shelby had grown too big for its American britches with its 289 Cobra. It had dominated almost every single race of the United States Road Racing Championship for the past three years, defeating its archrival
The big news around the Detroit auto show is obviously the car reveals, but we would be remiss if we didn't let you in on the stunning product specialists that also dot the show floor.
Ford has joined other vehicle manufacturers with extensive UK manufacturing operations to warn of the possibly adverse economic consequences that could follow if the UK chose to exit the EU's trading bloc in the future.
On the road to the Detroit auto show this week I reconnected with an old friend, the Toyota Camry, which despite its U.S. success hasn't been sold in western Europe since 2006.
Sergio Marchionne got the spotlight for Fiat's swoop to secure full control of Chrysler, but John Elkann, the reigning heir of the Agnelli family, will ultimately determine whether that transatlantic combination succeeds.
With the new 308 hatchback, Peugeot thinks it has a worthy rival to the Volkswagen Golf, Europe's best-selling car. The 308 is key to Peugeot's plan to push the brand upscale to earn higher margins.
The juxtaposition in Detroit's Cobo Center this week -- the appearance of Mary Barra, the first women CEO of a major automaker, along with scores of female product models in form-fitting outfits -- highlights the strange business of selling cars and...
Sergio Marchionne got the spotlight for Fiat's swoop to secure full control of Chrysler, but John Elkann, the reigning heir of the Agnelli family, will ultimately determine whether that transatlantic combination succeeds.
The juxtaposition in Detroit's Cobo Center this week -- the appearance of Mary Barra, the first women CEO of a major automaker, along with scores of female product models in form-fitting outfits -- highlights the strange business of selling cars and...
The juxtaposition in Detroit's Cobo Center this week -- the appearance of Mary Barra, the first women CEO of a major automaker, along with scores of female product models in form-fitting outfits -- highlights the strange business of selling cars and...
American businessman, Gene Haas, has shown interest in setting up a Formula 1 team. Find out why this bizarre idea does in fact make a lot of sense.
Gene Haas, 62, is a billionaire and the owner of Haas Automation Inc., America's leading manufacturer of CNC machine tools with branches in Belgium, China, and India.
His company reports that 2012 was the best year in the company's 30-year history, with revenues exceeding $967 million -- an increase of 11.5% over 2011 -- and CNC machine tool production exceeding 13,300 units, an increase of 5%. The 2012 numbers reinforce Haas Automation's position as the world's leading CNC machine tool builder.
Gene Haas already owns Windshear, one of the best wind tunnels in the world, located in Concord, North Carolina.
Haas said his Formula 1 cars would be designed in-house, but built by Dallara. The Italian company already has a state-of-the-art facility in Indianapolis, IN where it builds the current DW12 Indy cars, chassis, and spare parts.
Gene Haas and Tony Stewart. (Photo: Chris Graythen/Getty Images for NASCAR)
Haas and racer Tony Stewart co-own Stewart-Haas Racing, a very successful NASCAR Sprint Cup team.
In June 2011, Tony Stewart and Lewis Hamilton traded race cars at Watkins Glen, NY. Hamilton took the wheel of Stewart's Sprint Cup car while the American drove (quite successfully, too) the Mercedes-powered McLaren.
NASCAR driver, Tony Stewart, is a living legend in the United States. His presence in F1 would instantly create a serious buzz around F1 in the USA, and probably insure the long-term success of the Grand Prix in Austin, and the one in New Jersey when it becomes a reality.
Tony Stewart's involvement in F1 would also create an interest amongst NASCAR fans for Grand Prix racing.
Less seriously, even the name of the team -- Haas Racing Development -- would please Bernie Ecclestone. Why? Because as the owner of Brabham back in the '70s, Ecclestone registered the team under Motor Racing Development.
(Update: On Day 2 Friday, Robert Kubica was forced to retire after leaving the road.)
Frenchman Bryan Bouffier stunned the rally world by taking the lead of the Monte Carlo Rally in his M-Sport-prepared Ford Fiesta RS WRC.
The Frenchman fared the best when it came to juggling all of the elements that are needed to be successful on Rallye Monte Carlo and his reward was a comfortable lead over Citroen's Kris Meeke.
Meeke made a cautious start but his confidence increased with each stage and he was able to overtake Robert Kubica for second place on the final stage.
Robert Kubica, Ford Fiesta RS WRC, M-Sport. (Photo: WRi2)
Driving an M-Sport-prepared Ford Focus RS WRC, the former Formula 1 driver was the standout performer on the opening loop of stages, as he set two fastest times. But he adopted a more cautious approach on the remaining stages to ensure he made it to the end of the leg.
Hyundai lost both its i20s: Thierry Neuville crashed on the first stage his car while Dani Sordo retired with an electrical failure.