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Supermarkets slash fuel prices

SUPERMARKETS are slashing fuel prices again. In the latest round of cuts, Sainsbury's is reducing its petrol by up to 6p a litre and its diesel by up to 4p a litre. This means customers will pay no more than 129.9p a litre for petrol and 136.9p for diesel, with the reductions taking place from today.

Ford shuffles European production

Ford Motor Co. said Tuesday it is realigning its European production in a move that will add two models at the carmaker's Valencia, Spain, factory and an electric version of the Focus at the Saarlouis, Germany, plant. Ford also said the B-Max small wagon will be built in its Craiova, Romania, factory and the plant will add a second, as-yet-unnamed small-segment model.

Mustang cocreator Donald Frey dies

Donald Frey, a senior product planning manager at Ford Motor Co. in the 1960s who along with Hal Sperlich and Lee Iacocca developed the iconic Ford Mustang, died on March 5 in Evanston, Ill., from a stroke. He was 87 years old.