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Ford posts record first-quarter profits

Ford Motor Co. said first-quarter net income increased 15 percent from a year earlier to $1.61 billion, as rising U.S. auto sales pushed North American profits to a record, offsetting deeper losses in Europe.

New Mazda6 teased in video

The new Mazda 6 – previewed by the Takeri Concept and due to arrive at the Paris Motor Show in September - gets its first tease from Mazda. It’s probably fair to say that we have a pretty good idea what the 2013 Mazda6 is going to look like. Mazda has been trailing the new Mazda6 with the Mazda Takeri Concept – which had a recent outing at the Geneva Motor Show in March – but now we get the first tease of what is definitely the Mazda6 and not the Takeri in a video from Mazda.

Porsche plans four-door Panamera convertible

A series of European and U.S. patent applications obtained by AutoWeek show that Porsche remains committed to building a four-door convertible version of its flagship Panamera, despite recent comments from Zuffenhausen insiders indicating the car had been canceled. The new car, depicted in official drawings that accompany the latest Porsche patent applications filed in February, eschews the two-door route taken by all of its upmarket rivals for a four-door body.