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Ford posts record first-quarter profits

Ford Motor Co. said first-quarter net income increased 15 percent from a year earlier to $1.61 billion, as rising U.S. auto sales pushed North American profits to a record, offsetting deeper losses in Europe.

Mini cancels the Rocketman

Mini is suspending work on the Rocketman, the United Kingdom's Car magazine reports. The company has a load of new products debuting, but the mini Mini won't be one of them. This isn't too much of a surprise.

Jaguar XK 2010/2011 Upgrades – Ultimate XKR Special Edition

The 2010 Jaguar XKR - with all the options With the Geneva Motor Show just two weeks away, Jaguar has decided to roll out some upgrades to the Jaguar XK range and take the XKR further in to Supercar territory with the addition of two new options – the Speed Pack and the Black Pack. The car Jaguar will be taking to Geneva has both the new option packs fitted and is being billed as the Ultimate Jaguar XKR Special Edition. The info from Jaguar is slightly confusing, as it looks as if US buyers can opt for the fully loaded ‘Jaguar XKR Special Edition’ but UK and European buyers will need to specify both the new Speed and Black packs on a standard XKR to achieve the same end.