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Ford racks up $2.6 billion profit

Ford Motor Co. reported a second-quarter profit of $2.6 billion as U.S. sales rose 20 percent and the automaker continued to gain market share.

SEMA 2008 show report: Volkswagen Passat CC

By Ben Whitworth Motor Shows 07 November 2008 09:00 Volkswagen’s sobriety took a back seat at the SEMA show in Las Vegas this week – it pulled the covers off a pair of muscle-bound Passat CCs, a racy 295bhp Tiguan and a grunty diesel Jetta aimed at cajoling the American market into turning its back on gasoline. The unambiguously named Performance CC – designed by Volkswagen’s California-based design centre – gets a shot in the arm from a three-stage turbo boost to its 2.0-litre TSI engine. In Eco mode you get a modest 222bhp and 236 lb ft of torque, GT mode hikes those outputs to 252bhp and 268 lbs ft, while the Full Power stage unleashes 311bhp and 313 lb ft.

Second Fisker Karma fire under investigation

Investigators hired by Fisker Automotive are looking into a Fisker Karma plug-in hybrid sedan that caught fire on Aug. 11 in a suburb outside San Jose, Calif. This is the second instance of a fire involving a Karma in the last three months.