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Ford racks up $2.6 billion profit

Ford Motor Co. reported a second-quarter profit of $2.6 billion as U.S. sales rose 20 percent and the automaker continued to gain market share.

New Honda NSX: Time to raid the piggy-bank as the order book opens in the UK

The new NSX got its first outing at the Detroit Auto Show in 2012 and is being developed by Honda in the US with the aim of producing a ‘green’ supercar with advanced environmental performance without sacrificing on-road performance. The 2015 NSX will not only be designed in the US, but built there too The new NSX gets a mid-mounted direct-injection V6 which drives power through Honda’s Sport hybrid SH-AWD system with 2 electric motors that can apply positive or negative torque to the front wheels during cornering which, say Honda, will deliver handling unmatched by other all-wheel-drive systems. Phil Crossman, Honda’s UK MD, said: We are really pleased with the interest we’ve already seen for the new NSX. We are still two years away from the launch of the car and yet we’ve received over 20 deposits and that’s before we’ve even announced prices or seen the final production car.

Exclusive: Phil Zak appointed Chief Designer at Hyundai America (updated)

Phillip A Zak will become the new Chief Designer at Hyundai's North American Design Center in Irvine, California, filling the role previously held by former GM designer Joel Piaskowski who left Hyundai to become Head of Advanced Design at Mercedes-Benz's North American Design Center in January of this year. Zak joins Hyundai from his previous role as head of exterior design at GM Europe - a post he has held since August 2007 - and will work in parallel to European Chief Designer Thomas Buerkle (who worked at BMW before joining the Korean automaker), developing vehicles for the North American market. As is the case with Buerkle, Zak will report to Hyundai Design Director Mr.