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Ford posts $2.4 billion profit

Ford Motor Company reported a profit of $2.4 billion on revenues of $35.5 billion, excluding Volvo, during the second quarter, the automaker said Tuesday. A year ago, Ford posted net profits of $2.6 billion on revenue of $35.07 billion, including Volvo. Excluding Volvo, Ford's revenue in the second quarter of 2010 was $31.3 billion.

Barrett-Jackson's Las Vegas auction draws drivers

Though you'll see the usual assortment of restored muscle cars and one-of-a-kind automotive delights at the Barrett-Jackson Las Vegas auction, it's the buyers who make this event a little different, organizers say. "Most of the vehicles we sell in Vegas go to first-time buyers--and they want drivers," said Craig Jackson, CEO of the auction company. "They're end users and drivers, rather than speculators." Those buyers will have a wide variety to choose from at the fourth-annual Barrett-Jackson Las Vegas auction, which kicks off on Sept.

2012 Kia cee’d revealed

The 2012 Kia cee’d debuts at Geneva After a single photo of the 2012 Kia cee’d in January, Kia now reveals its new cee’d ahead of a Geneva debut. Just like sibling Hyundai, Kia is on the up and the new 2012 Kia cee’d promises another jump in quality and appeal when it arrives in the UK in June after a public debut at the 2012 Geneva Motor Show next month. We had one photo of the new Kia cee’d last month, but now Kia has really pushed the boat out and sent us a whole four photos of their new Golf-sized offering.