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Ford investing $200 million in Kentucky plants

Posted Oct 31st, 2008 by 6Autos.com Post in Ford
Ford investing $200 million in Kentucky plants
Ford Motor Company announced today that it will be investing $200 million into its two Louisville, Kentucky, assembly plants, according to Kentucky governor Steve Beshear. This is on top of $100 million per plant Ford promised earlier this year as th ...

World's Largest Digging Machine 2157

Posted Oct 5th, 2008 by 6Autos.com Post in News
World's Largest Digging Machine 2157
The world's largest digger is a giant trencher built a couple years ago by German manufacturer Krupp. It took more than 5 years and $100 million to design and manufacture. "The World's Largest Digging Machine is almost 95 meters high and 215 meters l ...

Scuderia Ferrari receives record 0m payout from F1 794

Posted Oct 4th, 2008 by 6Autos.com Post in Ferrari
Scuderia Ferrari receives record 0m payout from F1 794
Still think that running an F1 team is a financial liability? Well, it is for most teams, but not for Ferrari. Although financial arrangements in Formula One remain highly secretive, motorsport financial report Formula Money accounts that the Scuderi ...

Pininfarina family to lose majority share in own company 648

Posted Oct 3rd, 2008 by 6Autos.com Post in News
Pininfarina family to lose majority share in own company 648
Pininfarina has been in poor financial health for the last few years. The coachbuilding and design house's P&L sheet has been coated in red ink, with a 114.9 million euro loss last year and debt that's grown to 185.4 million euro from 129.9 milli ...

Toyota establishes research institute in Ann Arbor

Posted May 23rd, 2008 by 6Autos.com Post in Toyota
Toyota establishes research institute in Ann Arbor
Toyota establishes research institute in Ann Arbor Toyota today announced that it has established its new Toyota Research Institute of North America in Ann Arbor, Michigan. The Japanese automaker plans on spending more than $100 million during the ne ...

Amphibian vehicle in series production

Posted May 22nd, 2008 by 6Autos.com Post in News
Amphibian vehicle in series production
Amphibian vehicle in series production The British Neil Jenkins and the New-Zealander Alan Gibbs have developed many years before an amphibian vehicle, called Aquada. After many financial difficulties, Aqada succeeded. It will come in production and ...

Seven and eight-speed transmission in GM

Posted Oct 18th, 2007 by 6Autos.com Post in gm
Seven and eight-speed transmission in GM
As far as we know, the General Motors isn't giving away any of the specifics just yet, but it does have a seven- and even an eight-speed automatic transmission tucked away in its product development cycle.Last week it was informed, that GM is looking ...