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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.

Fiat challenges RCA students to design the 500 or Panda of 2020

Fiat is challenging Vehicle Design students at London's Royal College of Art to explore how the Fiat 500 and the Panda might look in 2020 in a new contest called ‘Two of a Kind'. 14 teams of four students from across all design disciplines are asked to design innovative exterior and interior proposals taking interactivity, digital interface, sustainability and global appeal in account, using the Fiat design language as a starting point. The Master's students will be supported by six lectures at the RCA from some of the carmaker's top designers, such as head of design (Europe, Middle East and Asia regions) Roberto Giolito and head of global design Lorenzo Ramaciotti.

VW Concept BlueSport at Detroit auto show 2009

By Tim Pollard Motor Shows 12 January 2009 05:29 CAR's been tipping it for ages, but today we finally saw the first proof of VW's ambitions to build a Lotus Elise-style back-to-basics roadster. The Concept BlueSport is a mid-engined sports car with the emphasis firmly on the lack of frills – to the benefit of performance, handling and the car's environmental credentials. The BlueSport is compact at just 3999mm long and that mid-mounted engine keeps weight distribution even-Stevens at 45:55.