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Whitacre named General Motors' permanent CEO

Ed Whitacre, General Motors Co.'s chairman, will become the automaker's permanent CEO, it was announced on Monday. In a brief press conference, Whitacre, 68, said GM plans to pay back government loans to the U.S. and Canada by June.

Fiat 500 First Edition arrives in China

Fiat 500 First Edition launches the 500 in China The next stage of Fiat’s quest to make the Fiat 500 the world’s favourite retro-cute car hit the world’s biggest market this week. Yep, China got its first Fiat 500s. Now Fiat appears to have made the 500 the current car of choice for the urban trendy American car buyer (a friend in Los Angeles claims they’re proliferating in the trendy areas just like MINI did in London in the early days) it’s time to turn their attention to China, a market with far more potential.

Cycle or walk, charity urges parents

PARENTS could save a collective £2 billion a year if they ditched the school run and accompanied children to lessons on foot or by bicycle, says a transport charity. On average, each set of parents could reduce costs by £642 a year if they did not use their car to ferry their offspring to and from school, said Sustrans. Around 11 million journeys a day are made between home and school, while, on average, primary school children live 1.8 miles from school, which is a 25-minute brisk walk, or 15-minute bike ride.