Mark Levinson Amplifier Amp 86280-0w480 862800w480 on 2040-parts.com

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.

Nissan Leaf recall could force replacement of entire car

Nissan is recalling a total of 211 examples of the the Leaf pure-electric car supplied to the U.S., and another 65 Leafs sold in Canada for a problem involving missing spot welds in the motor compartment. The National Highway Traffic Safety Administration (NHTSA) says that the front structural member assemblies in these cars could be missing welds in several crucial places, to the left and right of the electric motor. As a result, the affected Leafs might not perform well in a crash.

Daimler, Ford & Nissan Hydrogen Alliance

Daimler (Mercedes), Ford and Nissan-Renault have formed an alliance to co-develop hydrogen fuel cell technology for a range of new cars. Yesterday, we reported that Mercedes has postponed the launch of their hydrogen fuel cell B Class until 2017 and is in talks with Nissan and Ford to co-develop hydrogen fuel cell technology. Those talks have now turned in to an alliance between three of the world’s biggest car makers.