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Univeristy honours F1's Flying Scot

FORMULA ONE hero Sir Jackie Stewart will receive an honorary degree today. The 74-year-old racing star will collect the award from Edinburgh Napier University at a ceremony in the city. Known as "The Flying Scot", he won the Grand Prix 27 times and was Formula 1 World Champion three times.

Chrysler recalls Jeeps for fire risk

Chrysler has decided to recall 2.7 million 1993 to 2004 Jeep Grand Cherokee and 2002 to 2007 Liberty models for a potential risk relating to the fuel tank placement between the rear bumper and rear axle. The recall is initiated 15 days after the automaker originally denied a request following a National Highway Traffic Safety Administration investigation. On June 4, one day after NHTSA's finding, Chrysler rejected the request in a media statement, stating the NHTSA's initial conclusions are based on “incomplete analysis of the underlying data.” Chrysler said the impacted models met or exceeded all applicable requirements of the Federal Motor Vehicle Safety Standards, including the ones pertaining to fuel system integrity.

Former GM exec Joel Ewanick joins Fisker

Fisker Automotive has hired ousted General Motors' global marketing boss Joel Ewanick to be interim chief of global sales and marketing for the maker of luxury plug-in hybrids. Ewanick, 52, will replace industry veteran Richard Beattie, 58, who announced his retirement Monday, Fisker spokesman Roger Ormisher said. Ewanick has been working with Fisker as a marketing consultant for at least six weeks and will fill Beattie's role until a full-time replacement is named, Ormisher said.