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Lajdziak replaces Schembri as the president of Smart USA

Jill Lajdziak, Saturn's former top executive, was named president of Smart USA just three days after starting with the company. David Schembri, who previously held the job, will take an unidentified position with the Penske Automotive Group, which distributes the Smart ForTwo microcar in the United States, the company said. "Dave will transition into retail operations at Penske Automotive Group with our dealerships," said Penske spokesman Anthony Pordon.

‘Big Red London Bus’ returns

The 21st Century 'Routemaster' Double-Decker Bus will be in service by 2012 I doubt we can speak for everyone who visits London. But from our perspective London is a poorer place now the iconic Routemaster red buses are relegated to the odd heritage route and pay-to-see tourist trip (and we’d have to say the same about Mercedes Taxis – nicer places to be but they don’t look right). What’s needed is a 21st century version of the Routemaster (and the Black Cab – but that’s another story).

U.S. new car sales surge at fastest pace in nearly 7 years

U.S. sales of cars and light trucks surged 9 percent in November 1.24 million units and rolled off dealership lots at the fastest pace in almost seven years. The industry's annualized sales rate, adjusted for seasonal factors, rose to 16.4 million last month, up from 15.3 million a year earlier and easily topping analysts' forecasts in the 15.8 million range.