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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.

2014 Subaru WRX STI sets new Isle of Man TT lap record

The new Subaru WRX STI set a new Isle of Man TT record lap Last month we reported that rally driver Mark Higgins was heading back to the Isle of Man in an almost standard Subaru WRX STI to have a crack at breaking the record he set on the TT course in 2011 in the last WRX STI. The 2011 lap record Higgins set was the first time the record had been broken in 21 years, a record set by Tony Pond in 1990 in a Rover 827 Vitesse in a stunning drive in a less than ideal car for the task. Mark Higgins, perhaps unsurprisingly, blitzed Tony Pond’s 100mph average speed round the TT course and turned in a time of 19:56.7 at an average speed of 113mph.

Fiat 500 Abarth 500 R3T rally car (2009) revealed

By Chris Chilton First Official Pictures 02 October 2009 13:00 After letting it wither to nothing but the name on a set of spoilers in an accessories catalogues a few years ago, Fiat really is serious about the Abarth brand again. We’ve already had hot Punto and 500 Abarth road cars, the Abarth 500 Assetto Corse racer, and now there’s this, the Abarth 500 R3T rally car, unveiled at the San Remo Rally. Not quite.