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Ford cuts CEO's compensation 37%
Wed, 25 Mar 2009Ford 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.
Kia Soul concepts
Tue, 19 Feb 2008By Tim Pollard First Official Pictures 19 February 2008 15:46 Kia will show a glimpse of its new Soul soft-roader at the Geneva Motor Show on 4 March 2008, previewed in this teaser shot. The Soul is a departure for Kia in the same mould as the Fiat Sedici/Suzuki SX4 soft-roaders. Naturally, Kia says it ‘doesn’t fit into the usual motor industry brackets’, but we’d say they’re deluding themselves.
2009 Mazda 3 hatchback unveiled ahead of Bologna
Tue, 25 Nov 2008Mazda has today released the first pictures of the new Mazda 3 hatchback, ahead of the Bologna Motor Show on December 3rd. The pictures come hot on the heels of the recently announced saloon and, just like the saloon, the Mazda 3 hatchback is a much fresher design, with far more sporty pretensions. One of the big aims for Mazda with the 3 was, of course, a much more economical car without sacrificing the old model’s strengths.