Ford has quite a few reasons to smile lately, with the company posting an outstanding full year net income of $2.7 billion. Ford, the only one of the Big Three U.S. automakers that did not opt for a government bailout last year, posted an improvement of US$17.5 billion from 2008, or 86 cents per share, driven in part by favorable net pricing, structural cost reductions, net gains on debt reduction actions and strong Ford Credit results.
Classic car collectors can now register their cars for the annual Downtown Dubai Classic Car Show, organised by Emaar Properties at Emaar Boulevard in Downtown. Following the huge success of the show in 2009, the second Classic Car Show will be extended to four days from February 18 to 21, 2010.
MalaysiaQI-MeritusMaharaGP.com wraps up its Middle East road show with an early check in at Abu Dhabi prior to the next round of GP2 Asia at the Yas Island circuit. The team’s improved pace is the result of an enhanced engineering structure with the signing of four former Formula 1 technicians and engineers. In addition to providing race engineering services these technicians will provide training to develop the team’s Malaysian based technical staff. Meritus-GP pulled off another big coup when it signed American racing sensation Alexander Rossi for the remainder of 2009-2010 GP2 Asia Series. The news was announced at a recent press conference hosted in the presence of Mohammed Ben Sulayem,
To celebrate 40 years since the birth of the first Z, the Datsun 240Z, Nissan has decided to release a special version called the Nissan 370Z Black Edition.
The Ford Shelby GT500 2011 will come fitted with a new aluminium-block 5.4-litre engine producing 550 hp with 690 Nm of torque. The new engine is 46 kg lighter, therefore improving performance.
The 2011 Porsche 911 Turbo S, powered with a six-cylinder twin-turbocharged engine, increases power from the 911 Turbo by 30 hp to a eye-popping 530 hp and 700 Nm of torque. It comes with all the gadgetry which is optional on the 911 Turbo.
The BMW X5 has been facelifted for 2011, while also receiving a set of new engines.
First official photos of the redesigned 2011 Kia Sportage have been released. The all-new Sportage is due to be launched at the 2010 Geneva Auto Show in March.
The Honda CR-V, among the best-selling cars in the UAE, has received a facelift for the 2010 model year. Unfortunately, there is no upgraded engine for the GCC version, but from what we could see, that doesn’t really matter in a popular crossover like this. It can sell solely based on its other features.