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Ferrari unveils their newest race car – the Ferrari F150

To the average American car buyer, the name F150 is most commonly associated with the bestselling half-ton pickup from Ford but as of today, the racing world connects the name to the newest Formula 1 race car from Team Ferrari.
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By: Patrick Rall

Auto Dealers Resist Plan To Pay Plug-in Hybrid Tax Credit

Members of the National Auto Dealers Association are resistant to a White House plan to have dealers pay the plug-in hybrid tax credit directly to consumers.
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By: Keith Griffin

Chrysler halts minivan production in Windsor due to supplier shortages

First Ford stopped production of the 2011 F150 due to supplier shortages and now we know that next week, Chrysler will be halting production of the popular 2011 Dodge Grand Caravan and Chrysler Town & Country due for the same supplier issues as Ford.
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By: Patrick Rall

Ford announces $6.6 billion profit for 2010

Ford has announced their net income for Q4 of 2010 along with the profit for the entire year and in the “rebound year” from the disaster of 2009, Ford Motor Company earned a whopping $6.6 billion.
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By: Patrick Rall

Gumpert to unveil the new Tornante at Geneva Motor show

Gumpert has announced that they will introduce the second vehicle in their lineup when the new Tornante debuts in March at the 2011 Geneva Motor Show.
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By: Patrick Rall

Ford stock plunges 7 percent on open after 4th quarter profits drop

After closing up in anticipation of a good annual report, Ford stock (NYSE: F) plunged on the open after a dismal 4th quarter profit report.
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By: Frank Sherosky