Ford CEO Mulally Earns $22 million
April 5, 2008 6:05:26 PM
Ford Motor Company lost $2.7 billion in 2007. Now the firm reports that CEO Alan Mulally earned himself a cool package of about $22 million in 2007. Unions are up in arms.
Tesla Roadster Headed for Europe
April 3, 2008 2:39:00 PM
Europeans rejoice! The Tesla Roadster will be available for sale in Europe beginning next year, according to the Financial Times. Priced under €100,000, the Roadster will hit Eur...
MB Design Chief to Retire This Year
March 27, 2008 8:10:11 PM
After fourty years of excellent service, the Chief Designer of the Stuttgart-based automaker will humbly retire this year; at the age of 65.
Millionth Peugeot 207
March 27, 2008 4:52:02 PM
Just two years into its production run, the one millionth Peugeot 207 has rolled off the assembly line.
What Happens Next at Land Rover and Jaguar?
March 27, 2008 4:01:12 PM
Now that Tata Motors has firmed up a deal with Ford to acquire Land Rover and Jaguar, the Indian company can set their eyes on the future.
Ford sells Jaguar, Land Rover
March 26, 2008 12:06:30 PM
It has now been confirmed that Ford has officially sold both the Jaguar and Land Rover brands to Tata Motors. The price has been put at US $2.3 billion and will come in cold hard c...
Ferrari CEO Steps Down
March 19, 2008 3:03:22 PM
Ferrari CEO Jean Todt relinquished his position in front of shareholders at their annual meeting. Todt, who indicated to the Board of Directors that he was no longer interested in...
BMW Project i Developing Cars For The Future
March 18, 2008 6:06:02 PM
BMW has set up "Project i", a new division meant to develop totally unique concepts available for BMW, MINI, Rolls Royce, or a future fourth brand.
Ford Transit Connect Taxi
March 18, 2008 4:36:36 PM
New shots of the Ford Transit Connect, dressed up like a New York City cab, as it was being photographed on the streets of Detroit.
F1 Earns $217m per Event
March 17, 2008 9:11:36 PM
Formula One makes a whopping USD217 million per race event. At this rate it ranks behind NFL, but ahead of English Premiership. Experts say with new races planned in Asia and other...
Saleen Launches new supercar brand
March 17, 2008 12:41:54 PM
Saleen is coming out of the shadows of major automakers to start developing fast cars in its for the global market. To that effect they Saleen is launching SMS Limited which aims t...
20 New Models From VW As Porsche Closes In
March 13, 2008 4:38:38 PM
Europe's largest automaker, Volkswagen, intends on introducing 20 new models by 2011. The rollout is part of a company-wide plan to increase sales by 29%, and deliver 8 million ve...
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