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Ford reports record $1.7 billion profit

Ford Motor Co. reported record third-quarter profits on Tuesday, raised its production forecast and said it will speed up steps to cut its debt. Ford's $1.7 billion in net income was up from $997 million a year earlier.

Infiniti planning new global flagship model

Infiniti is planning a flagship, sporty four-door coupe in the mold of the Porsche Panamera as the joint flagship of its expanding range. The sweeping-looking four-door will take its styling inspiration from the Infiniti Essence concept penned by design chief Shiro Nakamura and first shown at the Geneva motor show in 2009. The new car is part of Infiniti's ambitious plan to become a serious global luxury brand by carving out 10 percent of that market, equivalent to about 500K sales by 2020 and backed up by a significantly expanded model range and huge investment from parent Nissan.

As Winter Approaches 4x4 Values Are On The Rise

YOU know winter is here when the forecast is for rising 4x4 prices in the used market. Just like in summer when you can guarantee convertible premiums will rise faster than an electric roof, the prospect of rain, wind and snow is said to be driving up the values of sought after SUVs. According to data from British Car Auctions (BCA) the trend is already well advanced, with values in October showing a 7.3 per cent increase over September.