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Ford boss Alan Mulally on how he saved Ford

Ford president and CEO Alan Mulally today told British business leaders how he saved Ford from the worst recession for a generation. He also outlined how the Ford range will shrink from 97 models sold globally to just 20. Mulally gave the keynote speech to the Confederation of British Industry in London, where business bigwigs heard how Ford became the only Detroit car maker not to collapse into bankruptcy.

Suzuki Regina, Q-concept, Swift EV (2011) first pictures

Suzuki is showing its vision for an aerodynamic city car at the 2011 Tokyo auto show: the regally named Regina. It's pitched as a radical 'next-generation global compact car', which sounds suspiciously as if it could have production intent. The new Suzuki Regina is all about minimalism: it weighs just 730kg, so it only requires a small capacity petrol engine, which brings emissions down to 70g/km and appetite for unleaded at a rate of 90mpg.

Hyundai sees 10 percent mpg gain from its first direct-injection engine

Hyundai Motor Co. on Tuesday unveiled its first direct-injection gasoline engine, saying it delivers more power with a 10 percent improvement in fuel economy. The 2.4-liter engine, called the Theta II, will debut in the redesigned Sonata sedan, due in U.S.