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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.

Mazda3

These are the first images of the new Mazda3 sedan, set to make its public debut at the Los Angeles Auto Show in November. This is the first complete redesign of the Mazda3 (known as Mazda Axela in Japan) since its introduction five years ago. Utlizing design cues first seen in its larger sibling, the Mazda6, the dynamic redesign adds an air of masculinity to the small Mazda3, a car which, according to the Japanese company, has 'had every element developed for heightened exhilaration'.

Hyundai planning Tata Nano competitor

The Hyundai H800 India - a Tata Nano Competitor Hyundai are certainly on a world domination quest and are making serious inroads in to the quality market in Europe. New cars like the Hyundai ix35 are bring serious competition to the VW Tiguan and the Ford Kuga, and next year’s Hyundai i40 is going to give Ford a few sleepless nights over the impact oin Mondeo sales. Maybe that’s part of the reason for the Ford price cuts just announced.