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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.

Ex-Morgan Chief Designer forms Matthew Humphries Design

The former chief designer at Morgan, has formed his own design consultancy, Matthew Humphries Design, in a bid to branch out into the worlds of bespoke cars and product design. Humphries will continue his relationship with Morgan in a partnership that will see the newly formed company help to develop future models for the independent British sports car manufacturer. The 28-year-old Coventry University graduate believes he can begin moving into the growing market for integrating automotive design elements into product design – such as furniture – and particularly British-themed products.

Bentley Continental GT Speed

Bentley has just revealed the most powerful car ever produced by the company. Aptly named the Continental GT Speed, the new car boasts 600bhp and can reach a top speed of 202mph. Inspired by Bentley's 'Speed' models of the 1920s, the new model features numerous tweaks to the GT's V12 power source and some design revisions all its own.