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Ford posts $2.1 billion profit on rising sales, lifts production plan

Ford Motor Co. posted net income of $2.1 billion in the first quarter, almost twice the figure projected by analysts, fueled by a 37 percent rise in U.S. sales.

MG 3 arrives in the UK next month – price from £8399

All the UK models of the new MG 3 (pictured) will cost under £10k MG revealed the UK MG 3 back in June as their design centre in Birmingham, and it’s not a terrible looking thing – at least from some angle. But whether the relatively low tech and the implication that this is the rebirth of MG Motors will be enough to persuade UK buyers in remains in doubt. What will help is a relatively modest entry point, and the MG3 is starting at £8,399 when it goes on sale in the UK in September.

New Kia launches Focus and Golf attack

By Phil McNamara Motor Industry 15 August 2006 09:00 Europe's fastest growing car brand – Kia – is finally wading into Europe's biggest market with a serious contender. But with a joke of a name: the Cee'd. Kia claims the five-door hatchback will be the most spacious car in the C-segment, where it will do battle with the VW Golf, Ford Focus et al.