The real links between Formula One and the automotive industry are often pushed by participating manufacturers but is there really a transfer of technology that benefits road users, and do the motorsport suppliers offer something that traditional suppliers cannot? just-auto has visited one motorsport firm that is successfully transferring its racing knowledge, expertise and products to the road.
The real links between Formula One and the automotive industry are often pushed by participating manufacturers but is there really a transfer of technology that benefits road users, and do the motorsport suppliers offer something that traditional suppliers cannot? just-auto has visited one motorsport firm that is successfully transferring its racing knowledge, expertise and products to the road.
Chrysler LLC is rapidly burning through cash and being driven to prepare for a possible break-up if it can't get government funding needed to ride out the economic crisis, people with knowledge of the situation said.
Ford of Europe's third-quarter pretax profit fell by 76 percent compared with the same period a year ago. The carmaker reported a $69 million third-quarter pretax profit, down from $293 million a year ago.
Chrysler will likely be broken up if it doesn't merge with another automaker or get government funding help.
Many new cars sold in Germany are now exempt from ownership tax for one to two years.
Pirelli said today that despite stable revenues in its first nine months, it had been hit by declining margins as raw material prices rose and the economic environment took its toll.
Porsche and Lower Saxony are taking their fight for control of Volkswagen to court.
Pirelli has signed a joint venture to produce tyres in Russia before the end of 2010.
Ford has posted a net loss of US$129mn, or $0.06 a share, for the third quarter of 2008, an improvement on the $380m net loss in Q3 2007. The operating loss, excluding special items, was $2.7bn, down from a $194m profit a year ago. More US jobs are to go but most new product development remains on track.
More evidence that even the mighty Toyota is feeling the ill-effects of the global economic downturn has emerged with the news that it is trimming employment at its wholly-owned Kyushu operation that makes Lexus vehicles.
Ford Motor Co. posted a $3.0 billion operating loss in the third quarter and took further steps to cut costs in the wake of plummeting consumer confidence and tighter credit availability.
Ford Motor Co. posted a $3.0 billion operating loss in the third quarter and took further steps to cut costs in the wake of plummeting consumer confidence and tighter credit availability.
Ford Motor Co. posted a $2.7 billion operating loss in the third quarter and took further steps to cut costs in the wake of plummeting consumer confidence and tighter credit availability.
Ford Motor Co. said its losses narrowed in the third quarter as the automaker announced new cost cuts to address declining sales in the wake of plummeting consumer confidence and tighter credit availability.
Daimler finance chief Bodo Uebber has said he is unconcerned that a low share price could expose the automaker to hostile takeover offers.
The best pictures from this year's SEMA Motor Show
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Auto Express's team of journalists and photographers will be on site in Las Vegas at this year's SEMA Motor Show delivering live up-to-date coverage - in the meantime check here for all the latest news in the run up to this years spectacle.
With the current economy the last thing you need is for your vehicle to break down. Whether your driving a reliable car or a busted up
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