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Obama sought Ghosn to run GM, ex-car czar says

The Obama Administration initially wanted Nissan-Renault CEO Carlos Ghosn to run GM after Rick Wagoner was ousted in 2009, and repeatedly pressed Fiat to put up cash for a stake in Chrysler, according to an upcoming book about the government bailout of General Motors and Chrysler. Steven Rattner, President Obama's auto adviser who steered the government's $85 billion bailout of GM and Chrysler, is about to publish a tell-all account about his six-month stint inside the White House. The Detroit News, Washington Post and Huffington Post obtained draft copies of the book--"Overhaul: An Insider's Account of the Obama Administration's Emergency Rescue of the Auto Industry." It is scheduled to be published Oct.

£70 fine for seven-second parking gaff

A CHARITY worker has learned a pricey lesson after being fined £70 by a council for a seven-second stop on zig-zag lines outside a school. Joyce Sale was dropping off charity concert leaflets at the primary school when she was captured by a parking camera car operated by Birmingham City Council. She then received a council letter in the post with details of the penalty notice, working out at £10 for every second her car was stopped.

Ford C-Max Energi qualifies for California tax credits, HOV lane

The 2012 Ford C-Max Energi plug-in hybrid will cost as little as $28,495 in California after $5,250 in tax credits available for buyers. It was also just approved for the high-occupancy vehicle lane in the Golden State. The C-Max Energi is rated for 21 miles on electric power only.