Auto Sector

BMW-Sauber file protest in Formula One diffuser row

BMW-Sauber file protest in Formula One diffuser row Melbourne  - BMW-Sauber Thursday filed a protest against rival teams Brawn GP, Williams and Toyota over their cars three days ahead of the Australian Grand Prix.

BMW motorsport director Mario Theissen said the team was protesting over the use of the three teams' diffusers.

Protests from Ferrari, Renault and Red Bull were expected to follow.

The dispute centres around the rear diffusers, a part of the bodywork between the rear wheels and under the rear wing which disperse air from under the car.

Report: Ford in discussions over sale of Volvo Cars

Report: Ford in discussions over sale of Volvo Cars Stockholm  - US car giant Ford is in touch with "a number" of prospective buyers over its loss-making Swedish subsidiary Volvo Cars, reports said Wednesday.

London-based Ford spokesman John Gardiner told the online edition of Goteborgs-Posten he could confirm that Ford is in discussions about the future of Volvo.

Gardiner told Swedish radio news that Ford had contacted its employees in the west coast city of Gothenburg about the discussions.

Porsche secures new line of credit as it raises stake in Volkswagen

Porsche secures new line of credit as it raises stake in Volkswagen Stuttgart - Sports-car manufacturer Porsche SE said Wednesday that it has received a new credit line of 10 billion euros (13.6 billion dollars) to buy up shares of fellow German carmaker Volkwagen AG.

The loan agreement would also allow Stuttgart-based Porsche to expand the loan to 12.5 billion euros over the coming weeks, it said.

Opel extends Insignia range with station wagon, more engine options

Opel extends Insignia range with station wagon, more engine options

Mercedes expanding young classic segment

Mercedes expanding young classic segmentStuttgart  - Mercedes is expanding its "young classic" business segment to cater to a growing demand for original and well-preserved vehicles built between 1970 and 1990, the car maker has announced.

Many of the Mercedes cars built in that period enjoy "cult status" in Europe and the United States and there is huge demand for vintage cars, Mercedes said in a press statement.

Lamborghini to build limited 50 LP 650-4 Roadsters

Lamborghini to build limited 50 LP 650-4 Roadsters Rome  - Lamborghini has released images of the Murcielago LP 650-4 Roadster which it plans to build in a limited edition of 50 units.

As the name reveals, it will come with a 6.5-litre V12 engine with an output of 478 kW/650 hp and acceleration from zero to 100 km/h in 3.4 seconds. The top speed is listed at 330 km/h. The designation "4" stands for permanent four-wheel drive.

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