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Bristol Cars put into bankruptcy protection

U.K. carmaker Bristol Cars was placed into administration on Thursday, the British equivalent of bankruptcy. Officials now running the company said several people were laid off but that it was keeping the sales and service operations open.

Bentley 6¾ litre V8 to end production – Diesels & Hybrid on the way

Bentley’s outgoing boss has revealed Bentley are planning to drop their trademark 6¾ litre V8 and introduce hybrid and diesel options. Bentley’s famed 6¾ litre V8 engine – in production since 1959, although it didn’t grow to 6¾ litre until 1970 - is as much a USP for Bentley as the badge and the history. BMW tried to bring production of the old iron lump to an end in 1998 – replacing it with a characterless BMW 4.4 litre V8 – but it was back a year later when VW took over as the motivation for the Red Label Arnage – and it’s stayed ever since.

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.