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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.

Fiat 500L five-door spotted

Autoweek spotted this manufacturer-plated Fiat 500L earlier this week on the streets of suburban Detroit. With its round headlights and cheerful grille, the five-door hatchback's resemblance to its three-door cousin is apparent even under its coat of liberally applied camouflage. While the 500L and the smaller 500 models share similar styling cues, the subcompact hatch is not just a slightly stretched 500 with two extra doors.

2010 Buick LaCrosse launches at Detroit Auto Show

Update: Click here to watch video of the Buick LaCrosse: http://miad.autoweek.com/vidcast/2010_buick_lacrosse.m4v General Motors’ Buick division will launch the redesigned-from-the-ground-up Buick LaCrosse at the 2009 Detroit Auto Show in Detroit on Jan. 12. GM says the new LaCrosse is truly global, with an exterior designed in the States (and reminiscent of the Invicta concept from the 2008 Beijing motor show), an interior developed in China, Buick’s biggest market, and a platform done by Opel in Europe.