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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.

Subaru Impreza

Another follow up from an earlier teaser shot is this, the 2012 Subaru Impreza, which is making its debut at the NY auto show. Digressing further from its infamous rally-bred history, the latest Impreza is being billed as the most economical AWD car for sale in the US market, and Subaru is also keen to stress the increased ride comfort and interior space of this model, which is claimed to offer unprecedented levels of refinement from an Impreza. The cars exterior, however, does have some nostalgic references, with the bold arches said to 'emphasize its sporty roots and standard All-Wheel Drive performance'.

Porsche Panamera prices announced

By Ben Pulman Motor Industry 12 March 2009 12:50 Porsche has announced UK prices for its Panamera, and that all PDK-equipped cars will come with stop-start technology - the ‘entry-level’ S starts at £72,266, rising to £95,298 for the range-topping Panamera Turbo. By comparison, a Cayenne GTS is £54,085 and a Cayenne Turbo is £75,137 For a start there’s the 493bhp twin-turbo 4.8-litre V8 mated to Porsche’s four-wheel drive system and seven-speed double-clutch PDK gearbox. Then there are also 19-inch wheels, adaptive air suspension, a 14-speaker Bose sound system, metallic paint, heated front and rear seats and a multi-functional steering wheel.