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Ford's net profit slips to $1.65 billion for the third quarter

Ford Motor Co., hurt by accounting changes related to commodity prices, said third-quarter net profits fell slightly to $1.65 billion from $1.69 billion a year earlier. Pretax profits fell to $1.94 billion from $2.06 billion a year earlier. North American pretax operating profits were essentially flat from the year-earlier period at $1.6 billion.

Porsche Cayenne 2nd generation hits 100,000

Porsche Cayenne 2nd Gen hits 100,000 The second generation Porsche Cayenne – launched in 2009 – has now reached 100,000 cars produced. They said it would be a failure when the Porsche Cayenne first appeared back in 2002. But nothing could be further from the truth.

Vauxhall – Ellesmere Port jobs safe

Vauxhall's Ellesmere Port Plant will have no job losses It looks like the bulk of the savings that GM need to make in Vauxhall/Opel are going to fall outside the UK, with the news that there will be no job cuts at the Astra-making Ellesmere Port plant and around 340 job losses at Luton. Which is about as good as the news was ever likely to be for Vauxhall workers in the UK. Whatever the outcome of the GM/Magna deal it always seemed likely that Ellesmere Port would be relatively unscathed.