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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.

A14 toll residents 'should be exempt'

RESIDENTS living near the UK's first proposed toll road in a decade should be exempt from payments, councillors have said. Drivers could be charged between £1 and £1.50 to travel along a new stretch of the A14 in Cambridgeshire, according to a consultation document published by the Highways Agency last month. The proposal comes after Chancellor George Osborne announced in the Autumn Statement that the Government would explore whether "in very limited circumstances" tolling could be used to fund significant new capacity on the country's roads.

Nissan unveils new generation 'black cab'

NISSAN has unveiled its new ‘black cab’, adapted specifically for London and designed to win business from cabbies looking for a more reliable, more functional and less polluting vehicle. This year, emissions legislation will force many older taxis off the road, and noting the financial struggles of Manganese Bronze, the makers of the traditional black cab, Nissan has seen the opportunity to muscle in on the market. The famous London taxi design has come in for much criticism from cabbies for its unrefined drive, patchy reliability and questionable cabin ergonomics.