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William Clay Ford Sr.'s death: Leaders and sports world react

William Clay Ford Sr., who died on Sunday at the age of 88, served in numerous positions at the Ford Motor Company, including 32 years as chairman of the Design Committee, and became chairman of the Executive Committee in 1978. Comments on the death of Ford, the last surviving grandchild of automotive pioneer Henry Ford and owner of the NFL's Detroit Lions: "The Fords are among Michigan's iconic, founding families, and he was an innovator in the family tradition as well as a strong leader. Like his grandfather, he was passionate about automobiles and the auto industry, the city of Detroit and his family.

USED VALUES HOLD STEADY

THERE was no change in the value of the average used car between October and November 2010, according to new figures from BCA. November values were down £111 year-on-year and remained at £5,792 There was a slight increase in the volume of used vehicles reaching the market in November, but not enough to provoke any change. A seasonal lack of interest on the market is to blame for the lack of fluctuation as well as travel difficulties created by the cold weather, according to BCA, and the drop off in demand is likely to remain into December.

Lincoln hires ex-Cadillac designer

Lincoln has hired ex-Cadillac designer Max Wolff to be its design director starting on Jan. 3. Wolff, 38, will oversee the look of Ford's luxury brand as it plans to launch seven new vehicles over the next four years, including its first C-segment small car.