05 Kawasaki Ninja Ex 500 Radiator C21 on 2040-parts.com

Ford cuts CEO's compensation 37%

Ford Motor Co. CEO Alan Mulally earned $13.57 million in total compensation in 2008, a 37 percent decline, as the automaker avoided seeking a federal bailout while posting a record loss. Mulally will take an additional 30 percent cut in salary this year and next as he battles a global financial crisis and the worst U.S.

Government to make UK hub for driverless cars

The government has today announced plans to make the UK a world centre for the development of driverless cars – with a £10 million cash incentive to any town or city that builds a test site for autonomous vehicles. The news comes as part of chancellor George Osborne’s 2013 Autumn Statement – alongside plans to scrap the car road tax disc and freeze fuel duty. Tax disc to be scrapped after 93 years On Bing: see pictures of driverless cars Milton Keynes is already experimenting with driverless pods – with plans to introduce a trial in 2015.

Honda to leave F1

The rumour mill is working overtime on everything cars at the moment. But this story seems to be for real. Honda is set to announce that its Formula 1 Team is to be put up for sale with immediate effect, and if no buyer materialises then it intends pulling out of the new Formula 1 season due to start in March 2009.