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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.

GM speeds development of cars delayed during battle for survival

With bankruptcy behind it, General Motors is speeding up the development of vehicle programs that had been delayed. One car, the next generation Chevrolet Malibu, will go on sale in two years. In August, GM executives said that car would debut a year later, in 2012.

Pirelli World Challenge star Andy Pilgrim makes teens, parents better drivers

Here's another addend in the complex driver-training equation: Many parents influence their kids to become both a greater danger when driving and more susceptible to the actions of other poor drivers. This influence begins long before kids are licensed to drive. Consider: -- “More than 75 percent of new drivers exhibit the same distracted driving behavior as their parents.” -- “Most parents are unaware they are teaching their kids things that will make them more dangerous to others and more vulnerable to others.” -- “Most parents want to protect their children and will make changes once they understand the realities of behavior transfer.” These are the words of Andy Pilgrim, the same championship-winning sports-car driver who helped road-test editor Jonathan Wong thrash Porsche's 911 GT3 and Chevrolet's Camaro Z/28.