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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.

Citroen DS Wild Rubis SUV Concept: Official (+ Video)

Revealed this morning, the DS Wild Rubis Concept is a proper full-size SUV from the French car maker which, we assume, is being targeted primarily at China. Citroen’s history in recent years with full size cars has been poor, with no one but the French themselves buying them in any sort of reasonable numbers. But with the car buyer’s passion for SUVs – even full sized ones – we could see Citroen deciding to put the Wild Rubis on sale in Europe if the feedback is positive.

Toyota GT86 Convertible spied in South Africa

Ahead of a reveal of a concept version of the Toyota GT86 Convertible at the Geneva Motor Show, the soft-top GT86 has been spied Almost a year ago we learned that a Toyota GT86 Convertible was in the planning after Toyota’s chief engineer, Tetsuya Tada, revealed that the GT86 (and therefore the Scion FR-S and Subaru BRZ) were designed to be a convertible from the start. Shortly after that revelation, we saw the first glimpse of a future GT86 Convertible in the shape of the Scion FR-S Speedster at the Toyota Grand Prix of Long Beach, an officially sanctioned speedster version of the GT86 created by Iacona Design and Cartel Customs. Most recently, Toyota revealed that they are taking the  the FT-86 Open Concept to next month’s Geneva Motor Show, a car that looks to preview an almost production-ready GT86 Convertible, which could arrive in production guise before the end of 2013.