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Ford posts record first-quarter profits

Ford Motor Co. said first-quarter net income increased 15 percent from a year earlier to $1.61 billion, as rising U.S. auto sales pushed North American profits to a record, offsetting deeper losses in Europe.

Design Contest: ANFIA announces Italian Styling - Young Designers Competition 2004

The deadline for entries in the fourth edition of the 'Stile Italiano Giovani' design competition (Italian Styling - Young Designers) is coming up. The competition is a biennial event run by the designers of the ANFIA Coachbuilders Group, who have set out to help discover new talent in the field of car design. The target of the initiative is to find and select new talents from all over the world, capable of interpreting and fostering the tradition of Italian automotive design.

Koenigsegg Agera One:1 heading for UK debut at Goodwood Festival of Speed

The Koenigsegg Agera One:1 is heading for Goodwood It was back in 2012 that we exclusively revealed the first official details of the Koenigsegg One:1, the most extreme car Koenigsegg has produced. Since then, Christian von Koenigsegg and his team have not only built the Agera One:1, but they managed to sell them all first at a price that makes grown men weep and officially revealed it back in February. Since then, Koenigsegg have been busy showing off the One:1 in a series of videos and giving the One:1 its first public outing at the Geneva Motor Show in March.