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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.

Mazda 3 five-door (2008): the first photos

By Tim Pollard First Official Pictures 25 November 2008 09:43 Mazda has issued five photographs of its new 3 hatchback ahead of its debut at next week's Bologna motor show. The five-door, announced today, follows hot on the heels of the Mazda 3 four-door saloon unveiled at last week's 2008 Los Angeles Auto Show.Few firm details have been released today, but Mazda claims the engines will be more efficient, the kerbweight lighter and 'the world's first catalyst to be constructed using single nanotechnology.' Apparently this cat uses significantly fewer rare materials such as platinum and palladium than regular filters.The new 3 will have a new range-topping 2.2-litre turbodiesel, developing 183bhp or 148bhp. Both are EU5 compliant and are cleaner and more powerful than the current 2.0 TD.

Camouflaged Cadillac ELR spotted on the road

Autoweek reader Josh Lindquist recently snapped these photos of what may be a camouflaged Cadillac ELR cruising around metropolitan Detroit. While the photos don't show the car from every angle, its lines are strikingly similar to those on the ELR featured on Cadillac's official Web site. The ELR first appeared as the Cadillac Converj concept in 2009.