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    Official: Aventador sales drive record revenue at Lamborghini
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    Let it never be said that there isn't money to be made selling high-end exotic sports cars. Last month Ferrari revealed that it had recorded record profits despite selling fewer vehicles than the year before. Now arch-rival Lamborghini has reported record revenue. For the 2013 fiscal year, ...

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    Official: Ford posts record pre-tax Q3 profit of $2.6B
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    Ford took in $2.6 billion in pre-tax profits in the third quarter of the year, making for a record trio of months that saw the Blue Oval's year-over-year earnings increase by $426 million. The earnings are being attributed not just to improvements in North American sales, but sales around the ...

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    Report: Ford books $1.2B profit in second quarter on strength of trucks
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    Ford is rolling along nicely, with a positive second-quarter sales report and a $2.3 billion profit in North America. The Dearborn, Michigan-based manufacturer captured $1.2 billion globally from April to June, with a $177 million profit in Asia. Even in Europe, the land of doom and gloom for ...

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    Report: American automakers fall in latest Fortune 500 rankings
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    Not that it means anything beyond bragging rights, but if you're fixated on the positions of domestic automakers on the annual Fortune 500 list, both General Motors and Ford are still on it but they've slipped a couple of notches. The list ranks American companies and they're ordered solely by ...

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    Houston study lauds red light cameras despite uptick in accidents
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    We all know we shouldn't mess with Texas. And Houston, Texans shouldn't mess around with statistics, because the folks running the show are going to come to any conclusions they want no matter what the statistics say. This is the easy part: a study of red light cameras in the city shows that ...

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    Irony: Red light cameras a safety impediment
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    Red light cameras are nothing more than a surreptitious tax. Oh sure, they're sold to municipalities as a safety benefit, but what else would you say if you wanted to be paid to install, administrate, and monitor your little ticket-writing bots? The cities and towns that put the cameras greedily ...

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    BMW mulls selling engines to other automakers
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    Don't go getting too excited, it probably won't mean a crate version of the S65 or N54 for Roundel fans. Running an automaker is expensive, especially a manufacturer that leans more toward niche status than casting a wide net. BMW is looking at all options for future revenue, and one of the ...

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    GM posts a smaller Q3 loss than expected
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    The business world has always confounded us for being a place where one can celebrate with champagne after not posting a profit for three months, if only for the fact that you didn't lose as much money as people thought you would. Such is the case with General Motors, which today announced that it ...

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    Porsche posts peak profits
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    Porsche's sales figures are in for the 2006 fiscal year, and profits are up by over ten percent to a staggering €7.27 billion. Production grew by nearly thirteen percent over last year, putting out more than 100,000 cars over the year. Some would be inclined to attribute the record sales, ...

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    Can General Motors sustain momentum towards profitability?
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    Earlier this week we posted about how General Motors' reported first quarter $323 million loss became a $445 million profit. And this is not by some accounting fluke: analysis of the automaker's finances shows the profit stemmed from its cost-management strategies and higher revenue from sales such ...

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    "Hold the anchovies": Rising gas prices increasing costs for service industries
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    Every driver  is feeling the pinch at the pump these days, but the skyrocketing cost of gasoline is affecting more than just your commuting habits. Ordering out for pizza? You might want to reconsider the pepperoni. Having flowers delivered to your sweetie? Might want to switch the roses for ...

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