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Ford to offer 4 vehicles in 2011 with certified EPA ratings of 40 mpg

Ford Motor Co. expects the 2012 Focus compact to earn 40 mpg, giving the automaker four vehicles that produce 40 mpg or more in 2011. Three of the 2011s--the Fiesta subcompact SE with SFE package, Fusion Hybrid and Lincoln MKZ Hybrid sedans--have certified 2011 EPA ratings of 40 mpg highway/41 city.

Chris Bangle begins work with Changan Automobile on its design strategy and methodology

Chris Bangle is to consult with Changan Automobile to help develop its design strategy and processes in his first official automotive project since leaving BMW in 2009. Bangle – through his company Chris Bangle Associates (CBA) – will work with Changan's team in its European design center in Turin, Italy, reporting to design director Chen Zheng. And while his role will be linked to the brand's Chinese products, his focus will be on the design team's methodologies and philosophy; its management and its process of critique, rather than the hands-on design of its products.

Ferrari black: Prancing Horse turns a profit in first quarter

Ferrari racers have always worn red. But black has been the standard-bearer for the company so far this year, as the Prancing Horse turned a $72 million trading profit in the first quarter. Making money amid the global economic crisis is no small feat--and Ferrari posted the gain despite a slip in sales and revenue.