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.

Nissan teases new Sports Saloon Concept for Detroit

Nissan teases new Sports Saloon Concept for Detroit Now we’re in to 2014, and the Detroit Auto Show is just a few weeks away, we’re going to get more news and teases ahead of the show, and this one comes from Nissan. The single teaser image (above) shows a new ‘Sports Sedan Concept’ which looks like it will preview the next generation Nissan Maxima due in 2015. We don’t get the Maxima in the UK, but the Sports Sedan Concept also previews a new style direction for Nissan which is likely – in  toned-down form – to find its way in to future Nissan’s this side of the Pond.

Ferrari 599 GTB Handling GTE Package – w/video

Ferrari has released details of the Handling GTE Package for the Ferrari 599 GTB Fiorano The 599 HGTE Package is going to be a dealer fit option – which means you can toddle along with the 599 you already own, fork out a King’s ransom and get ready to play. There are four parts to the handling kit, but you can’t actually get all four separately. The handling part of the kit gives you: The Performance part gives you: N.B.