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Ford posts $2.4 billion profit

Ford Motor Company reported a profit of $2.4 billion on revenues of $35.5 billion, excluding Volvo, during the second quarter, the automaker said Tuesday. A year ago, Ford posted net profits of $2.6 billion on revenue of $35.07 billion, including Volvo. Excluding Volvo, Ford's revenue in the second quarter of 2010 was $31.3 billion.

UK Government to add electric cars to its fleet – but don’t think the PM will be driving a Tesla Model S

The Mitsubishi Outlander PHEV – the sort of car the Government will acquire The roll-out of electric cars has not been an exactly overwhelming success, with even the Government’s £5,000 bribe to get you to go electric failing to kick start electric car sales in a meaningful way. So the Lib Dem bit of the coalition has decided that the Government should lead by example and have declared that the Government Car Service – which supplies cars for ministers and ‘government’ use – will start to acquire electric cars from this Autumn and, as part of the £5 million scheme, the wider public sector will be involved with council, police and NHS fleets looking seriously at EVs. But this scheme is aimed at the sorts of government cars that do the daily grind; ferrying junior ministers, getting staff to meetings and making deliveries in commercial vehicles.

Unrestored '56 Porsche Carrera lands a spot at Pebble Beach concours

One Porsche at this year's Pebble Beach Concours d'Elegance will be making its second appearance. And it will be easy to find--it's the one that looks a bit used. The 1956 Porsche 356 1500 GS Carrera coupe made its Pebble debut in 1956 at the road races.