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BMW-Toyota partnership may yield hybrid Z4, new Supra

The BMW-Toyota sports-car lash-up has been reported on for a couple of years now, but new information from a report in the U.K.'s Autocar sheds more light on the future of the BMW Z4 and what this year's Toyota FT-1 concept will ultimately herald. Like the current Z4, its predecessor and the Z3 before it, as well as every generation of Supra, the new platform will feature a front-mounted gasoline engine. From there, things look to be diverging wildly as technology marches forward.

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.

CDN-GM Interactive Design Contest 2013 is launched with Chevrolet design brief [w/Video]

The CDN-GM Interactive Design Contest is now open, so it's time to pick up your pencils, sketchbooks and tablets for the chance to win one of four three-month paid internships at one of GM's design studios.  Open to all full-time college or university students with at least one term left from across North America, this contest is a great chance to get noticed by one of the world's biggest carmakers and be used as a springboard for your car design career. You have until 1 November to submit your designs, but judges want to see your progress as well your final entry. They will be looking for proof of your thought process, project development and overall progress using customer and market research as well as inspiration and mood boards.