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Honda Element production to end

The 2011 model year is the last one for the Honda Element, Honda said on Friday, marking the end of an eight-year run for the boxy, small SUV. The reason? Declining sales.

Bahrain Grand Prix: Vettel takes pole

Bahrain Grand Prix 2012 - Vettel on pole Sebastian Vettel puts his Red Bull on pole position for tomorrow’s F1 Grand Prix in Bahrain – the first Red Bull poll of 2012. After two years of Red Bull dominance in F1 – in particular by world champion Sebastian Vettel – the 2012 F1 season has been a bit of a shambles so far for the Red Bulls – certainly by their usual standards. But it looks like we may be back to business as normal in Bahrain with a pole position for Red Bull by Sebastian Vettel with team mate Mark Webber right behind him on the grid in third place.

Ford boss Alan Mulally on how he saved Ford

Ford president and CEO Alan Mulally today told British business leaders how he saved Ford from the worst recession for a generation. He also outlined how the Ford range will shrink from 97 models sold globally to just 20. Mulally gave the keynote speech to the Confederation of British Industry in London, where business bigwigs heard how Ford became the only Detroit car maker not to collapse into bankruptcy.