Certified One-owner Clean Carfax 9k Miles! Nav,pano Roof,convenience Pkg,rev Cam on 2040-cars

Auto blog

Volkswagen profit jumps as it warns of a cooling auto market

FRANKFURT, Germany — Volkswagen says its profits jumped 44% in the third quarter thanks to a more profitable mix of vehicles in its lineup but warned that global car markets are slowing more than expected and lowered its forecast for annual sales. After-tax profit rose to $4.42 billion (3.98 billion euros) as revenues rose 11% to $68.27 billion (61.42 billion euros). The sales margin of 7.8% exceeded the goal of 6.5-7.5% as vehicles bringing higher profits took a larger share of sales. The Wolfsburg-based automaker pointed to the headwinds facing the industry by saying that it expects "vehicle markets will contract faster than previously anticipated in many regions of the world." It said sales would be "on a level" with last year's record of 10.8 million vehicles. Previously it had expected a slight increase. The company said its profits would be in the lower end of its forecast range. Global automakers are facing a slowdown in sales amid disputes over trade and from pressure in the European Union and China to develop and sell low-emission vehicles that require heavy investment in new technology. Ford and Renault have issued profit warnings in recent days, while Daimler, maker of Mercedes-Benz luxury cars, lost money in the second quarter and is expected to outline a cost-cutting strategy for investors on Nov. 14. Volkswagen is leading the push into electric vehicles in Europe by launching its ID.3 battery-powered compact car at prices it says will make zero local emission vehicles a mass phenomenon. The company was able to increase earnings in the quarter despite an 18% rise in spending on research and development.

Supercars for the win | Autoblog Podcast #515

Some days at Autoblog are better than others. And in this episode, we talk about those days. Specifically, the days where we get to drive supercars. Mike Austin, Greg Migliore, and Alex Kierstein join up in this episode to talk about driving the McLaren 720S, Ford GT, and Porsche 911 GT3. We also drove some less-super, but still notable cars that we talk about at the top of the show. And as always, we play the game Spend My Money where we get to tell readers what we'd do if we were them. We had a lot of fun with this one, we hope you enjoy listening to it. The rundown is below. Remember, if you have a car-related question you'd like us to answer or you want buying advice of your very own, send a message or a voice memo to podcast at autoblog dot com. (If you record audio of a question with your phone and get it to us, you could hear your very own voice on the podcast. Neat, right?) And if you have other questions or comments, please send those too. Autoblog Podcast #515 Get The Podcast iTunes – Subscribe to the Autoblog Podcast in iTunes RSS – Add the Autoblog Podcast feed to your RSS aggregator MP3 – Download the MP3 directly Topics and stories we mention Infiniti Q50 RS 400 Ram Power Wagon (again) Audi SQ5 Chevrolet Equinox Mini Cooper John Cooper Works Clubman Ford GT McLaren 720S Porsche 911 GT3 Used cars! Toyota 86 Rally Car Rundown Intro - 00:24 What we're driving - 01:26 Supercars! - 22:30 Spend My Money - 46:30 Total Duration: 57:30 Feedback Email – Podcast at Autoblog dot com Review the show on iTunes

McLaren P1 vs Porsche 918 vs Ducati 1199 Superleggera in epic standing-mile drag race

We live in a high-tech supercar renaissance, with the Porsche 918 Spyder, McLaren P1 and Ferrari LaFerrari all duking it out for performance supremacy. All three members of this power trio place the engine behind the driver and use some kind of hybrid assist. However, each one finds a slightly different way to make that setup work. While all of the tech is insanely cool, let's just admit that we are all really wondering which one is the quickest and which is the fastest. Autocar aims to find out in a new video pitting two of them against a surprise challenger in the standing mile.
Unfortunately, the race is missing the Ferrari, despite Autocar's best efforts. So instead, it has another limited-edition, high-performance vehicle from Italy in the form of the Ducati 1199 Superleggera. The bike has just two cylinders, but at 1.2-liters of displacement, it makes over 200 horsepower, and all that gumption is packaged into a magnesium monocoque body with carbon fiber bodywork to keep weight low. Granted, the cycle is going up against the 875-hp Porsche and 903-hp McLaren, but traction, aerodynamics and gearing all play a part in this fascinating video.
There's no sense in ruining the winner before watching, but Autocar teases that the finish is one of its closest drag races ever. Check out the video to find out just what that means.