Suzuki Alto 2002 Steering Column [1447140] on 2040-parts.com

Ford reports record $1.7 billion profit

Ford Motor Co. reported record third-quarter profits on Tuesday, raised its production forecast and said it will speed up steps to cut its debt. Ford's $1.7 billion in net income was up from $997 million a year earlier.

Europe’s economic problems sees UK become biggest Ferrari market in Europe

The Ferrari F12 (pictured) helped Ferrari to strong profits in the first half of 2013 The economic crisis in the Eurozone has seen Ferrari’s sales in countries like Italy and Spain plummet, and Greece managed just one sale in 2012 (and even that came to the UK). But Ferrari have a plan to keep profitability by limiting supply and achieving stronger revenues for the sale they do make – with stuff like Ferrari’s bespoke Atelier and Tailor Made services and Classiche work adding more revenue – to keep them powering forward, and it seems to be working despite poor sales in many European countries. In fact, despite an increase of just 2.8 per cent in volume, Ferrari has managed to increase their profits in the first six months of 2013 by an impressive 20 per cent, with total sales of 3,767 and net profits of €1.22 million.

GMC Terrain

Making its public debut at the New York Auto Show, the Terrain is a compact SUV-crossover which fits in below the Acadia in the GMC model line-up. Featuring an overall length more than a foot shorter than the Acadia, the Terrain is laden with technology and boasts a multitude of functional storage compartments within its well-resolved exterior design. Read more about the new Terrain in our 2009 New York Auto Show Highlights.