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Ford posts $2.1 billion profit on rising sales, lifts production plan

Ford Motor Co. posted net income of $2.1 billion in the first quarter, almost twice the figure projected by analysts, fueled by a 37 percent rise in U.S. sales.

Chevrolet Volt faces toughest test--consumers

Scientists, journalists and a slew of other alleged experts have all weighed in on the 2011 Chevrolet Volt, and now the only verdict that truly matters--the public's--will be rendered. General Motors said 6,348 consumers have taken the extended-range car for a spin during a 12-city “Volt Unplugged Tour,” and not surprisingly, GM's reviewers like it. Still, initial feedback does appear to be truly positive.

Skoda MissionL

Skoda is the latest manufacturer to join the queue of those releasing teaser shots ahead of the 64th Frankfurt motor show next week. Following on from the somewhat understated VisionD shown in Geneva ealier this year, is the MissionL. Unlike the VisionD, the MissionL concept is said to be close to a final production-ready design that will be launched through Europe, Russia and China.