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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.

Rolls-Royce Ghost V-Specification gets 593 bhp

Rolls-Royce Ghost V-Specification (pictured) gets 593 bhp The Rolls Royce Ghost has been around for some time, and we’re expecting a reveal as early as the Geneva Motor Show in March. But ahead of a facelift for the Ghost we’re getting another limited edition Ghost to bolster sales – the Rolls-Royce Ghost V-Specification. The Ghost V-Specification is effectively the Ghost with the powerplant from the new Rolls Royce Wraith (itself the ‘Ghost Coupe’) which means power jumps from 563bhp in the standard Gost to 596bhp in the V-Spec.

Ford lowers Sync price

Ford is cutting the price of its Sync software, the company said on Monday. The price will drop from $395 to $295, and Sync will be available on base trim levels for the first time. The new pricing rolls out on the 2012 Ford Explorer and Ford Edge base models.