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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.

Porsche 911 GT3 R Hybrid (2011) first official pictures

Porsche has released details of its updated 911 GT3 R Hybrid – the 2010 original nearly won last year's Nurburgring 24hr race before (ironically) it retired with petrol engine failure.  The 2011 Porsche 911 GT3 R Hybrid – the lowdown Before this report disappears in a chorus of ‘it looks the same as last year’s one’, let's outline where Porsche’s engineers have been busy. At the unfashionable end of the car remains a 4.0-litre flat-six engine producing approximately 470bhp. Up front are twin electric motors, now producing 75kW of power each (up from 60kW) and combined these give the GT3 R Hybrid a 197bhp electric boost, which can be programmed to activate automatically via the throttle pedal, or manually selected during overtaking. F1-derived hybrid tech for the 911 GT3 R Hybrid Power for the two electric motors doesn't come from batteries, but flywheel accumulator technology from Williams Hybrid Power, an offshoot of the Williams Formula 1 team. The flywheel, encased in a carbonfibre safety cell in the space where the passenger seat would be, spins at up to 40,000rpm and acts as a mechanical energy store for the electric motors. Regenerative braking feeds energy back into the flywheel system – no surprises there, as the technology is derived from Williams' exeprience with Kinetic Energy Recovery Systems (KERS) in F1.

CAR reader designs Audi R10 supercar

We’re rather keen on Audi’s R8, but one day Ingolstadt is going to have to replace its seminal supercar. And after seeing CAR reader LexOrABenz's design, we think we know what Audi's next halo car should look like. LexOrABenz is actually Marouane Bembli, a 23-year old indsutrial design student from Sweden.