Daily Archives: October 4, 2013

Volvo sales rise 14% on China demand

Volvo sales rise 14% on China demand

Volvo Car Group said global sales rose 14 percent year-on-year in September, its third straight month of rising deliveries, on the back of strong growth in China and Europe.

BMW halts South Africa expansion plans after labor strikes

BMW halts South Africa expansion plans after labor strikes

BMW Group will stop expansion in South Africa following labor strikes that have disrupted the auto industry for the past two months.

1963 Ferrari 250 GTO sells for a record breaking $52 million

1963 Ferrari 250 GTO sells for a record breaking $52 million

A 1963 Ferrari 250 GTO racer has become the world’s most expensive car, selling for $52 million.

new World’s Largest Dump Truck – Guinness World Record

Belaz debuted its latest dump truck last month, and the Belarusian company claims it to be the biggest in the world. The 75710 can carry a staggering 496-ton (equivalent to 450 metric tons) payload, and will be used in open mines on temporary roads.

GM StudiesTesla Very Very Closely

GM StudiesTesla Very Very Closely

In Wall Street’s retelling of the biblical Book of Samuel, General Motors Co. is Goliath and electric car maker Tesla Motors Inc. is David, the would-be giant slayer.