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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.

Bugatti rolls out another ‘Legends’ Special – the Veyron Grand Sport Vitesse Black Bess

It’s the Bugatti Veyron Black Bess No, Bugatti hasn’t named their latest Legends limited edition car – the Veyron Grand Sport Vitesse Black Bess – after Dick Turpin’s horse (well, not directly anyway), but after the Bugatti Type 18 – dubbed Black Bess – which was the Bugatti Veyron of its day. Only seven Type 18s were built – between 1912 and 1914 – and just three remain, with the one dubbed Black Bess (which did get its name from Dick Turpin’s horse) on display in the Louman Museum in The Hague and complete with its 5.0 litre four-cylinder engine good for 100bhp and a top speed of 100mph. The new Black Bess Bugatti is a Veyron Grand Sport Vitesse with 1184 ‘black’ horses, a 0-62mph of 2.6 seconds and a top speed of 233mph and comes with a carbon fibre body painted in black with gold highlights (and looking like a 1970s JPS F1 livery).

Mini brand to get turbo three-cylinder engine

BMW confirmed the Mini brand will also get BMW's new, turbo three-cylinder engine in upcoming models to be named later as part of a new family of engines for both brands that also includes an all-new four-cylinder. The company won't say which future models get the new three-cylinder other than the already announced BMW i8 plug-in hybrid. It arrives in the spring of 2014.