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Video: GM's Clay Dean on the future of urban mobility

Clay Dean is the star of a new Faces of GM video, Anticipating the Driving Experience of the Future. The global design director for GM's Advanced Design Group, whose job also entails exploring future transportation design solutions, talks about the need to avoid short-term thinking on urban mobility, as by 2030 60 percent of the world's population will live in cities. As new challenges start to emerge, such as increasing congestion, Dean believes it is time to start thinking about transportation in a completely different way.

1884 De Dion Runabout sells for $4.62 million at RM auction

Two weeks ago we told you about one of the world's oldest running motor cars going up for auction in Hershey, Pa. That car, the 1884 De Dion Bouton Et Trepardoux Dos-A-Dos Steam Runabout, sold on Oct. 7 for more than double its estimated price--a cool $4.62 million.

Subaru appoints sales specialist as its new global president

The maker of Subaru-brand cars has tapped a marketing and sales specialist to be the company's new president and lead global automotive operations in the post-quake era. Yasuyuki Yoshinaga, 57, is currently an executive vice president at Subaru's parent company, Fuji Heavy Industries Ltd. He takes the title of president and COO, pending approval at the company's annual shareholders' meeting on June 24, Fuji Heavy said May 10.