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  • Profits and revenues recorded an increase Magna

    Profits and revenues recorded an increase Magna

    Magna International (TSX: MG) has displayed Friday a profit increase of more than seven per cent for the first quarter, the manufacturer of auto parts has managed to increase its sales despite the general slowdown in the industry. Ontario company has reported a net profit attributable to shareholders of U.S. $ 369 million, or $ 1.57 per share, compared to that of U.S. $ 343 million, or U.S. $

  • Nissan announced a net loss of 83.2 billion yen in the third quarter of 2008

    Nissan announced a net loss of 83.2 billion yen in the third quarter of 2008

    The total net loss is expected to reach 265 billion yen for fiscal 2008.             Nissan Motor Co., Ltd.., Today announced its financial results for the third quarter of fiscal 2008 ending on March 31, 2009 and the results of the first 9 months. In the third quarter, the consolidated net loss after tax amounted to 83.2 billion yen (U.S. $ 0.81 billion, euro 0.55 billion), based on a net income

  • Ferrari F1 team sports is the 15th most profitable in the world

    Ferrari F1 team sports is the 15th most profitable in the world

    According to the latest study by Forbes, there are only two stables Formula1 that rank among the 50 richest sports teams, there are only two stables Formula1: Ferrari and McLaren. Ferrari has taken the 15th place in the standings. The value of the Scuderia is estimated at 1.1 billion U.S. dollars. This means an increase of 3% compared to 2011 figures. McLaren is the second ecurie has to be in the

  • Will it be a driver in the car?

    Will it be a driver in the car?

    In the world of motorsport, there exists a unique ordeal world called The race to the clouds. It is an annual ordeal during which competitors must to climb the summit of Pikes Peak in Colorado as soon as possible. The famous road is a distance of 19.99 kilometers, it has 156 turns with no railing and finish line is at the top at an altitude of 4300 meters. In 2006, I had the privilege to climb

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