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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.

Michelin Challenge Design announces 2014 theme: ‘Driven/Undriven: The Duality of Tomorrow’s Automobiles’

Michelin has announced the theme for the 2014 Michelin Challenge Design competition – ‘Driven/Undriven: The Duality of Tomorrow's Automobiles'. Participants will explore the human-to-vehicle connection, focusing on how this can evolve automotive design. The exploration of autonomous vehicles has gathered pace in recent years, with Toyota displaying its autonomous Lexus car at the recent CES in Las Vegas, while other carmakers and even Google have been investing heavily in the concept.

Ssangyong C200 at the Seoul motor show 2009

By James Foxall Motor Shows 02 April 2009 14:49 What’s new on Ssangyong’s Seoul motor show stand?There was palpable relief on the Ssangyong stand in Seoul as the motor show press day followed a company conference where its rejuvenation package had been outlined to worried importers. This is being led by the C200, a Nissan Qashqai-style crossover SUV that will come in both two -and four-wheel drive formats. Production of Ssangyong’s first ever monocoque car starts in November 2009 and it’ll be on sale in the UK for March 2010, promising a cheap alternative to traditional makers.