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Magna Steyr MILA Coupic revealed

Magna Steyr – an independent engineering and manufacturing company – will be revealing the MILA Coupic concept study at the rapidly-approaching Geneva motor show. The MILA Coupic, the sixth concept in the MILA innovation family, brings together three different vehicle concepts into one SUV coupe that can transform into a sporty pick-up or an open-air convertible. The concept is constructed using a combination of textile, glass, roof modules and seating technology.

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.

RCA 'Future Car' design competition winner announced

Michal Vlcek, a first-year student in the Vehicle Design department at London's Royal College of Arts, has been announced by the organizers of the London Motorexpo as the winner of the competition to design an innovative electric-powered car. The competition, which was open exclusively to RCA students, asked for designs for the four person electric vehicle of 2032, using "the packaging advantages of an electric motor to move way from the formulaic styling of many modern-day passenger cars". Vlcek's high-quality artwork and lateral thinking proved to be instrumental in his success.