I recently received an e-invite from Mercedes Benz to attend their 2005 AMG Challenge. The list of activities sounds
That's not an exact translation, but Mercedes boss Eckard Cordes is determined to slash MB's fixed costs to raise the company's profitability. In fact, Herr Cordes vowed to trim another 1b Euros ($1.3b) on top of the previously promised 3b Euros ($4b). Unless employees at the three-pointed star are eating off of gold plates, or Merc is about to return to its disastrous policy of "de-contenting" its cars, it's hard to know where he'll find the savings. (One guess: a lot
We're not one of those people who believes that the International Monetary Fund (IMF) is a not-so-secret cabal of bankers that wants to rule the world. (The fact that they actually do rule the world is beside the point.) What worries us is that BMW thinks enough of the organization to provide delegates to the IMF's Singapore schmoozefest with 420 brand new 7-series sedans, as part of a $10m "sponsorship" deal. How does "Official Car of the Worldwide Capitalist Conspiracy" grab you?
Well now I've heard everything. Wardsauto.com wordsmith Drew Winter figures that BMW's return to less radical styling— after the near universal condemnation afforded designer Chris Bangle's "flame surfaced" 5 and 7-Series models— is a mistake. He likens the German automaker to an over-cautious investor, who gets stiffed in the end (so to speak). Winter also claims that the Banglization of the 7-Series helped close the market share gap with its arch-rival, the Merecedes
The Range Rover is a heavy old thing. On the positive side, its 6724lbs. GVWR exempts the SUV from US luxury tax. On the negative side, it's on-road performance will not trouble an eight-cylinder BMW X5 or Porsche Cayenne. So it's no suprise that Land Rover has slotted sister Jag's supercharged V8 into its top-of-the-line Range Rover. Auto Express reports that peak power rises from 282 to 400hp, while fuel efficiency sinks to single digits. More importantly, the test pilot Piers Ward s