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Magazine names Ford's Alan Mulally top CEO

Ford Motor Co. CEO Alan Mulally has been named CEO of the Year by Chief Executive magazine. What set Mulally apart, according to the selection committee, was not only leading the turnaround of an American icon without the government bailout funds given to its competitors, but also a mix of other behaviors and accomplishments.

Even better value for business from Lexus with new GS 300h

PREMIUM luxury manufacturer Lexus is adding to its GS range of mid-sized saloons by introducing the GS 300h to the range. Joining the established GS 450h in the range early next year, the GS 300h promises highly impressive CO2 emissions of 109g/km from its 2.5-litre full hybrid powertrain. That could deliver significant savings compared to its key premium market diesel and hybrid competitors, the GS 300h SE could represent an annual saving of up to £2,000 per year.

What's New: July 2004

Audi A3 Sportback With the A3 Sportback, Audi is seeking to define a new segment in the premium compact class, combining the sporting elegance of a coup? and the versatility of a five-door vehicle, with sophisticated technology and well-defined driving dynamics. The Sportback features four and six-cylinder engines developing up to 184 kW (250 bhp), front-wheel or quattro permanent four-wheel drive and optonal DSG transmission.