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Ford plans to introduce two-cylinder and three-cylinder engines

Ford Motor Co. will introduce its smallest turbocharged engine yet next year, and on the horizon are even tinier engines--including two- and three-cylinder versions, the automaker's powertrain chief said Monday. Barb Samardzich, Ford vice president of powertrain engineering, said two- and three-cylinder engines and engines with displacements of 1.0 liter or below are possible.

Ford boss Alan Mulally on how he saved Ford

Ford president and CEO Alan Mulally today told British business leaders how he saved Ford from the worst recession for a generation. He also outlined how the Ford range will shrink from 97 models sold globally to just 20. Mulally gave the keynote speech to the Confederation of British Industry in London, where business bigwigs heard how Ford became the only Detroit car maker not to collapse into bankruptcy.

2014 Mitsubishi Mirage pricing starts at $13,720

Mitsubishi has just announced pricing for its 2014 Mirage, not to be confused with the Cadillac Elmiraj. Mitsubishi's version -- being a bit smaller and bit cheaper -- loses a few letters and opts for conventional spelling. As you can see, this Mirage is a little different from the last time we saw back in the '90s (when it was a compact sedan) -- different to the point of being a completely different car in a completely different segment.