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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.

Beijing motor show: China means (auto) business

By Guy Bird Motor Shows 22 April 2008 05:34 Only a fool wandering around this week's Beijing motor show would still dismiss China as some also-ran automotive market full of rip-off designs and outdated ‘new’ cars based on old Western designs. While all of those clichés were still in evidence at the Chinese auto show, the copycat mentality is much less obvious than even a year ago at last year's Shanghai show. And every western car exec CAR spoke to was in awe of the upward sales trajectory that means China is still the place to do business in 2008.Yes, there are still some odd automotive fish, usually small ‘three-box’ saloon in shape such as the Chinese market only Citroen C-Elysee and the VW Lavida (a Jetta/Bora Plus car with less style).

McLaren DOESN’T stop production of the MP4-12C to fix problems.

McLaren MP4-12C problems haven't stopped production The McLaren MP4-12C is McLaren’s first road car in almost twenty years, and it appears that the new 458 competitor from Woking has a few problems. Reports have been cropping up for some weeks that MP4-12C owners have been plagued (well, plagued is harsh) by a raft of problems including a battery drainage issue (something many cars suffer from early on), headlight condensation and glitchy door operation. McLaren are adamant none of the issues affecting the 12C are safety related and it is therefore continuing to build the cars, so although there will be a delay for some new owners in delivery, the issues should cause no long term back log in deliveries.