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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.

Technicon Design to present Roding Roadster at CDN Car Design Night

Technicon Design is all set to present the Roding Roadster – the first production car developed for Roding Automobile – at Car Design News’ Car Design Night in Geneva on Tuesday evening. The car is the result of collaboration between the two companies after Roding contacted Technicon Design at the beginning of 2011 with the task of redesigning its prototype sports car. Roding developed a prototype of its Roadster concept in 2008, originally designed at the university in Munich, and displayed at the Frankfurt motor show three years ago.

Bugatti loses top speed record, teases new garage doors

Bugatti placed this teaser shot on its Facebook page Monday with a cryptic quote. “The stage is set. It's almost time for us to share the latest example of exceptional Bugatti performance, simply keep a close eye on Facebook over the next few days.” Rumors floating around say this could be the Super Veyron we've heard whispers of.