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General Motors names Mary Barra to head global product development

General Motors named Mary Barra head of global product development on Thursday, succeeding Tom Stephens, who was named global chief technology officer of the automaker on Wednesday. An engineer, Barra, 49, is the first woman to hold the top product development job at GM. Since 2009 she has served as vice president of global human resources for GM--a key post as the automaker restructured and emerged from bankruptcy protection.

Preview: Porsche Panamera

After what has already been the most drawn-out model introduction ever (the initial Porsche sketches of the new model having been revealed in 2005), Porsche has finally released the first official rendering of its forthcoming Panamera sedan, set to be launched in 2009. Though the plan view doesn't show much of the new Porsche's design, the company says the features will 'include a wide and low body offering dynamic proportions and muscular design'. But while the grand tourer will have a 'compact overall look', the interior space is claimed to offer a brand-new experience of roominess, with two single seats and generous headroom at the rear allowing adults to sit in comfort.

London cabs voted 'world's best'

LONDON has been voted the world's favourite city for taxis, as long as cabbies do not take "the scenic route". The capital topped a global list in five out of seven categories in a Hotels.com survey involving more than 2,600 respondents from 30 countries. The overall result meant London taxis were considered the world's best ahead of second-placed New York, with Tokyo third and Berlin fourth.