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Ford tops GM in February sales, steers U.S. industry to 13 percent gain

Ford Motor Co. led the U.S. industry to a 13 percent sales gain in February while topping General Motors in monthly sales for the first time in 12 years.

Ford's net profit slips to $1.65 billion for the third quarter

Ford Motor Co., hurt by accounting changes related to commodity prices, said third-quarter net profits fell slightly to $1.65 billion from $1.69 billion a year earlier. Pretax profits fell to $1.94 billion from $2.06 billion a year earlier. North American pretax operating profits were essentially flat from the year-earlier period at $1.6 billion.

MG CS SUV Concept heading for Shanghai Motor Show

MG are still struggling to make much of an impact on the car landscape, but one car that could change that is a funky urban crossover / SUV to give cars like the Nissan Juke a run for their money. That looked to be on the cards last year when MG turned up at the Beijing Motor Show with the MG Icon, an SUV.Crossover Concept that took the ‘Ugly but Cute’ style cues from the Juke but grafted on a nose that looked like it could have come from MG’s sports car past. The Icon was a decent effort – and even won an award for ‘Best Concept’ at Beijing from Autoweek – but it looks like MG has decided the design of the Icon was just a bit too radical, so they’ve toned it down with a new concept heading for this year’s Shanghai Motor Show – the MG CS Concept.