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Ford posts $2.4 billion profit

Ford Motor Company reported a profit of $2.4 billion on revenues of $35.5 billion, excluding Volvo, during the second quarter, the automaker said Tuesday. A year ago, Ford posted net profits of $2.6 billion on revenue of $35.07 billion, including Volvo. Excluding Volvo, Ford's revenue in the second quarter of 2010 was $31.3 billion.

Toyota GT86 & Subaru BRZ getting Cosworth Performance upgrades (video)

Cosworth promise power upgrades for the FA 20 engine Ever since the Toyota GT86 and Subaru BRZ arrived as ‘affordable’ sports cars with a focus on the dynamics rather than outright power, there’s been endless claims and rumours that more power is on the way. As far back as 2011, Subaru in the US confirmed that a turbo version of the BRZ’s 2.0 litre FA20 Boxer engine was under development although, to be fair, they didn’t say it was actually heading for the BRZ. And just last year, Subaru teased what we thought could be a more powerful BRZ STI, but that turned out to be a BRZ tS with go faster bits but no more actual power.

Chevrolet touts the 2012 Sonic's 40-mpg highway rating

With an EPA-rated 40 mpg on the highway, Chevrolet is calling its 2012 Sonic one of the most fuel-efficient small cars on the market. Chevy says that 40-mpg rating puts the Sonic right on par with the 2012 Ford Fiesta and the Hyundai Accent in terms of eco-friendliness. In city driving, the 1.4-liter turbocharged Ecotec engine gets 29 mpg.