Probe after Air France plane narrowly misses mountain
French accident investigators have opened an inquiry into a near accident involving an Air France Boeing 777 which narrowly missed central Africa's highest mountain with 37 people on board.
Ferrari sells for record $38 mln
A red 1962 Ferrari 250 GTO Berlinetta, said to be one of only a handful, was snapped up for $38.1 million in California.
16 August 2014 12:58
Electric cars fail to rev up car-mad Germans
Germany is ranked the most fuel-efficient country on the planet, but when it comes to electric vehicles, Europe's top economy is in the slow lane.
Formula One: S.Africa's Kyalami track to be sold
South Africa's Kyalami racetrack, which hosted Formula One Grand Prix races for nearly two decades, will be sold and could be lost to motorsport, auction organisers said.
European car market recovers, Peugeot picks up speed
The number of new cars registered in Europe grew for the 10th consecutive month in June, according to industry data published Thursday, adding to evidence the embattled sector is recovering.
17 July 2014 14:20
Bad day at the office: India hotel valet crashes Lamborghini
A valet at a five-star hotel in the Indian capital caused $335,000 worth of damage to a Lamborghini Gallardo after crashing it into a concrete wall in front of horrified guests, a report said.
10 July 2014 13:02
GM to invest $740 mn in new Argentina factory
General Motors will invest $740 million in Argentina through 2016 on its first South American factory turning out aluminum motors, Buenos Aires announced.
Be eco-friendly: Bike Taxis hit Almaty streets
Bike taxi Veloriksha has started operating in Almaty, Kazakhstan.
