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Porsche is gunning for the majority stake in VW German luxury sports car maker Porsche, which currently holds a 31-percent stake in Volkswagen wants to acquire majority control, informs AFP without citing sources. Newsweekly Der Spiegel reported that Porsche has already begun buying stock options that will allow it to buy VW shares at a fixed price. Stock traders told the magazine they believe that early next year Porsche will hold more than 50 more...
| Ford Mondeo Is Auto Express Car Of The Year Ford's new Mondeo is the Auto Express overall champion of 2007; the car rated as the number one by the highest selling motoring weekly in the UK.
Auto Express road testers recognised that the Ford Mondeo represents a new breed of family car and in addition to the Car of the Year award, Mondeo also captured the categories of best family car and best estate car. Editor in chief of Auto Express, more...
| BMW 5 Series appears to be most UNsafe luxury sedan BMW luxury sedans fared worst in protecting their occupants from side-impact crashes, in tests conducted by the insurance industry.
After frontal impact crashes, side-impact incidents are the deadliest type of impact, according to the Insurance Institute for Highway Safety.
The insurance industry tested luxury sedans that had standard side airbags:
1. Volvo S80
2. Acura RL,
3. more...
| Ford announces pricing strategy for Sync Ford Motor Company confirmed the distribution and pricing strategy of the in-car communication and entertainment system which was developed jointly with Microsoft-Sync. The system will be included as standard equipment on high-series models from Ford and Mercury, on other models Sync will be optional, at $395.
Ford's group vice president of North America marketing, sales and service, Cisco Cod more...
| The New Chrysler announces new appointments The New Chrysler has announced organizational changes, naming Robert Nardelli as its chairman and CEO, and appointed Ronald Kolka senior vice president and CFO with expanded responsibilities. Kim Jones, previously vice president, product, procurement and cost management finance, has been appointed as vice president and chief controller. Former director, corporate audit, Laurie Macaddino, has been more...
| Ford announced pricing for Sync system Ford Motor Co. announced that its in-car communication and entertainment system developed with Microsoft Corp. will debut this fall on as an option on the Ford Focus, Ford Edge and Lincoln models at a cost of $395. The Sync System will be on nine other 2008 Ford models by the end of the year, and will allow drivers to use either voice recognition or steering wheel controls, to listen to their digi more...
| Volvo Aero first to receive Supplier Gold award from United Technologies Volvo Aero is the first company in the world to receive the “Supplier Gold” award from United Technologies (UTC), one of the US’ 20 largest manufacturing companies.
The distinction represents an important confirmation that Volvo Aero meets UTC’s demanding requirements with regard to quality, ability to deliver and long-term customer service.
UTC is a large internati more...
| 2008 Mercury Milan in a distinctive style Mercury Milan challenges the perceptions of what an exceptional mid-size car should be by combining distinctive, sophisticated styling, an expressive, modern interior and segment-leading quality, all at an unexpected value.
For 2008, Milan gives tech savvy customers even more to love with the Mercury Sync™ communications and entertainment system featuring industry-exclusive, voice-activa more...
| 2008 Mercury Mariner exhibits a new look, sophistication and flair The new 2008 Mercury Mariner builds on a strong foundation of offering more for the small SUV customer. It's enhanced style and refinement is a look that will define the Mercury brand moving forward.
Introduced in 2005 as Mercury's entry-level, small SUV, Mariner built on the style and success of the mid-size four-door Mountaineer. The original Mariner delivered a high level of design sophisti more...
| Ford F-Series, America's best-selling full-size pickup for 30 years Ford F-Series, America's best-selling full-size pickup for 30 years, is the culmination of nearly 60 years of Built Ford Tough reliability, power and presence. F-Series sets the standard for strength and toughness with more trucks on the road with more than 250,000 miles than any other brand.
With a maximum tow rating of 11,000 pounds when properly equipped and maximum payload capacity of 3,05 more...
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