Ford Motor Co.’s third-quarter net income rose 68 percent as it grabbed a bigger share of the U.S. auto market and buyers paid more for its highly-rated cars and trucks.  It was Ford’s sixth straight quarterly profit and the company’s best third-quarter performance since at least 1990.
The Rossin-Bertin Vorax is set to debut at the São Paulo Auto Show later this month. It features a carbon fiber body over an aluminum chassis, cradling the Bavarian ten-pot in two states of trim: naturally aspirated with 570 horsepower, or supercharged with 750.
BMW—like its competitors Audi and Mercedes—is hot to add to its small-car portfolio, and new information suggests that the Munich-based firm could be planning as many as four new and/or rethought products to slot below the 3-series by 2015.
(CNNMoney.com) — Ford Motor company said it will create up to 1,200 jobs in the distressed state of Michigan as it ramps up its engineering and manufacturing operations to produce more fuel-efficient cars.