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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.

Jaguar/Land Rover Virtual Reality Center

Jaguar Land Rover has opened a new 'Virtual Reality Center' at the Design and Engineering Center in Gaydon, UK. The 'state-of-the-art' design facility draws on advanced audio visual technologies with the projection power of the world's highest resolution projectors to significantly speed up product development cycles following an investment of £2 million. The new Virtual Reality Center allows engineers and designers to see and interact with life-size, three-dimensional models of vehicles and components, reducing the need for physical prototypes.

Bentley Branches Out Into Home Furnishings

NOT content with wheeling out an ever improving line of super-luxury cars, Crewe-based Bentley has chosen to add luxury furniture to its sales catalogue. Designed to furnish luxury homes, company bosses are keen to stress that the collections combine Bentley’s inherent qualities of craftsmanship, heritage and tradition, exclusivity and style, with the exacting design of a leading European furniture maker. Buyers of the furniture can expect the same attention to detail and exacting high standards as those with the means to purchase one of Bentley’s cars.