Arias Pistons 12.5:1 Compression 82mm Bore Honda B-series on 2040-parts.com

New Mercedes CLA helps Daimler to 16% profit jump

The new Mercedes CLA (pictured) help Mercedes to a 16% profit jump. There’s an argument that the move in to more compact car sales by premium car makers will see their turnover rise and their profits fall as more compact cars tend to work on smaller margins than high-end luxury cars. But Mercedes has defied that logic by posting a 16 per cent increase in profits for the third quarter of 2013, boosted by sales of the new compact coupé – the Mercedes CLA.

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.

Audi R8

Audi has unveiled the new R8 supercar, closely based on the Le Mans concept that was shown three years ago in Frankfurt. The two-seat car uses a shortened version of the Lamborghini Gallardo platform, and is powered by a 4.2-liter V8 using FSI technology first introduced by the A2. Like the now-obsolete small car the R8 is also constructed of an aluminum space-frame, keeping weight down to 1360kg.