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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.

MINI Goodwood ‘Rolls Royce’ range to grow

the MINI Goodwood range is going to grow We finally got the MINI by Rolls Royce – The MINI Inspired by Goodwood – at this year’s Shanghai Motor Show, although it had been on the cards for a couple of years. ‘Inspired by Goodwood’ is a bit less blatant than ‘MINI Rolls Royce’, but it still reflects the prestige and craftsmanship associated with Rolls Royce, as these days Rolls Royce are put together on the Goodwood Estate. When MINI officially revealed the Goodwood, they said they would be building just 1,000 cars, based on the MINI Copper S, but with a non-vented bonnet and custom alloys, burr walnut and cornsilk leather.

Carbon Motors denied government loan for police cruiser

Carbon Motors, an Indiana-based company that aims to build police vehicles, said on Wednesday that the Department of Energy has denied its application for a loan under the Advanced Technology Vehicle Manufacturing program. The loan program was created under President George W. Bush and continued with President Barack Obama.