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Fiat 500 UK Charity boost

One of the Fiat 500s donated by Fiat and decorated by Damian Hirst which were auctioned for the ARK Charity Over the course of a couple of days this week six Fiat 500s have been donated by Fiat for charity auctions and raised almost £500,000 in to the process. Which, cute and interesting as the Fiat 500 is, does sound rather a lot. After all, even the new Fiat 500C retails (in pop spec) at just over £11k.

Studiotorino unveils Porsche Cayman-based Moncenisio

Studiotorino is an Italian coachbuilder, based in the city that its name suggests -- on the banks of the Po River, deep in the heart of Turin. It came to prominence thanks to a smattering of projects: a buttressed, fastback Mercedes-Benz SL, a Fiat 500 named after beloved Italian pulp hero Diabolik and a Maserati Quattroporte wagon that they appropriately renamed "Cinqueporte." But Studiotorino is also infatuated with the Porsche Cayman. To that end, the firm has introduced the Moncenisio, a Rhapsody in Blue rebody of the Typ 981 that aims to do for German sports cars what Figoni et Falaschi did for the Delahaye and what Porcubimmer Motors did for a BMW 3-Series.

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.