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Ford's net profit slips to $1.65 billion for the third quarter
Wed, 26 Oct 2011Ford 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.
New Kia Cee’d & Procee’d GT Turbo Geneva 2013 debut
Thu, 25 Oct 2012Kia will launch the Cee’d & Pro_cee’d GT at the 2013 Geneva Motor Show with a 200bhp Turbo engine and cosmetic tweaks. We’ve already revealed that Hyundai are planning a turbo version of the i30 3-door (perhaps the Hyundai i30 R?) and Kia are following suit to with go-faster versions of the new Cee’d, new Pro_cee’d and, it appears, even the new Cee’d Sportswagon. The plan is to kick of with the launch of the Cee’d GT and Pro_cee’d GT at the 2013 Geneva Motor Show, with every possibility Kia will also launch a Cee’d Sportswagon GT later in 2013.
Ford Vertrek concept car (2011) first pictures
Mon, 10 Jan 2011Remember Ford's one world, one car mantra? They call it One Ford. The new Ford Vertrek concept car, unveiled today at the 2011 North American International Auto Show, is a signal that they now want to roll out the same thinking to the SUV market. Currently, Ford sells the Kuga crossover in Europe and the Escape in America.