Swedish supplier Autoliv forecast slower sales growth and a flat operating margin in the second quarter after brisk vehicle production lifted its first-quarter earnings above expectations.
Category Archives: General Talk
1800+ hp Twin-Turbo Lamborghini Gallardo catches fire at over 200mph
Underground Racing builds some of the fastest Lamborghini Gallardos and here we have two identical models, both packing an insane 1800+ horsepower at the Texas Invitational event.
Ford Q1 net falls 39%; Europe losses reduced
Ford said its first-quarter earnings fell 39 percent from the same period a year ago to $989 million, as pricing across the industry weakened in the United States and warranty expenses for the company rose.
50 years of cars that have got Sweden and the world rolling
Over the course of 50 years, Volvo’s Torslanda factory has produced more than 6.8 million cars that have rolled out across the world. Models such as the Amazon, P1800 and 240 have become a part of Sweden’s cultural heritage, and models such as the XC90 and S80 are set to do the same in future.
VW to lay off 900 workers in Brazil
Volkswagen will lay off about 900 workers at two Brazilian plants in the face of sluggish demand for cars in Latin America’s largest economy.
