The car industry is starting to release its second quarter profit reports. The Ford Motor Company is posting a surprise $2.8 billion profit, but it continues to have operating losses. Since its two biggest competitors, GM and Chrysler, have just emerged from bankruptcy, the report is definitely creating a mixed picture of the company’s health. Globally, Hyundai has managed to post a huge profit, while luxury car brand Porsche has big changes in the works. For more we turn to Nick Bunkley, The New York Times auto industry reporter, and Russell Padmore, a BBC business correspondent.