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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.

Kia Sorento (2014): Kia goes super-sized with new SUV

By Tim Pollard First Official Pictures 11 August 2014 16:54 The new 2014 Kia Sorento has been unveiled ahead of its debuts in Korea and Paris this autumn. It’s the third-generation of Sorento, and doesn’t deviate far from the format of the previous two crossovers. The new Kia Sorento is quite distinct from the Sportage, with a more American/Asian design vibe; it was designed in the Namyang studio in Korea.

Bugatti Veyron Grand Sport Vitesse sets World Speed Record: OFFICIAL

What it was was a new world speed record for the Bugatti Veyron Grand Sport Vitesse, Bugatti’s convertible Veyron, which had been out playing at VW’s Ehra-Lessien test track in the hands of Chinese driver Anthony Liu, and under the watchful eye of Germany’s Technical Inspection and Certification (TÜV) to certify the Vitesse’s performance. That new world speed record for an open-topped production car is now officially 408.84kph (254mph), so Bugatti are dong what Bugatti do and producing a limited edition World Speed Record car – the Bugatti Veyron Grand Sport Vitesse WRC Edition. The Vitesse WRC comes with Bugatti’s 7.9 litre W16 with 1184bhp, 1,106lb/ft of torque and the same orange and black colour scheme as the Grand Sport World Record Coupe got when it broke the world speed record for a production car.