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Ford’s 1.0 litre EcoBoost engine now going in to 1 in 5 new Fords

Half the Ford B-Max (pictured) sold get the 1.0 litre EcoBoost engine Who’d have thought, just a few years ago, that a 1.0 litre, 3-cylinder engine would become one of the most popular engines in a new car in Europe? But that’s exactly what’s happened with the increasingly impressive 1.0 litre EcoBoost from Ford which, as its power output has increased, has become a more and more popular engine of choice. The little Ford EcoBoost even seems to have persuaded buyers that they should forsake dirty diesel engines for it, and Ford has fitted 120,000 in the first six months of 2014 with almost half B-Max models, a third of Focus and 30 per cent of Fiestas getting the little wonder.

GM posts quarterly net income of $1.96 billion

General Motors Co., in its final financial snapshot before next week's initial public offering of stock, posted third quarter net income of $1.96 billion on revenues of $34.06 billion. The results, released Wednesday, were in line with a forecast issued last week. GM now has earned $4.16 billion on revenues of $98.71 billion through three straight profitable quarters this year--a dramatic swing after five consecutive annual losses.

BMW M3 set to compete in DTM from 2012

It might have pulled out of F1, but the upshot is that BMW has announced plans to enter the German Touring Car Championship (DTM) in 2012 with the M3, plus it’s developing a new racer and 1.6-litre turbocharged engine, and will continue its other production car-based racing activities. ‘Following the withdrawal from Formula One, the realignment of our motorsport programme is raising our presence in production car racing to a whole new level,’ said BMW board member Dr. Klaus Draeger.