Vintage Goodyear Blue Streak Sports Car Special Tires (2) on 2040-parts.com

Car Design Awards China 2013 winners revealed

Six months of work by students in China prefaced the announcement of the winners of this year's Car Design Awards China, held at a glittering ceremony in Shanghai just prior to the opening of the Shanghai auto show. The judges were highly complimentary about the quality of entries and the rapid progress in design terms being seen in student work in China. Judges comments "Mature development and beautiful presentation, a most professional submission," was the comment about one of the leading entries.

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.

Tesla plans to launch Nissan Leaf fighter in 2016

Tesla Motors will launch its smaller electric sedan in late 2016, with a range of at least 200 miles and a price point "half" of the flagship Model S, Tesla CEO Elon Musk said. Musk's timeline, range and price announcement is the most definitive data so far regarding the so-called "Gen III" vehicle. The current Model S starts at $62,400, meaning the Gen III car will start at about the same price as the Nissan Leaf SV and have triple the real-world range.