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Ford cuts CEO's compensation 37%

Ford 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.

Audi TT RS – Geneva Update

Audi TT RS official launch at Geneva 2009 We have written quite a bit about Audi’s latest hot TT RS, some of it speculative, some of it factual. But it makes sense with such an interesting car to have a quick recap and confirm the stats – Oh, and you may as well have the Press Release to digest. Audi got the ball rolling ahead of the Geneva 2009 launch for the Audi TT RS by issuing a set of teaser images.

Ferrari Mille Chili conceept (2007): first official pictures

By Ben Oliver First Official Pictures 21 June 2007 05:51 The Mille Chili? So this is Ferrari’s green supercar… Yes. Officially it has no name, but internally it’s called the Mille Chili (thousand kilos) and it’s arguably the most important concept car Ferrari has ever shown.