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A Fiat Accompli: Rodeo Drive, Italian style

The annual Father's Day car celebration, the Rodeo Drive Concours, has feted many a marque over the years, from the inaugural show in 1993 honoring the Ferrari 348 Spyder to one year that celebrated the first 100 years of the automobile by bringing one representative car from each of those 100 years. But this year, it was Fiat. Yes, Fiat, the humble little car that put Italy back on wheels after the war.

Phone use penalty 'could double'

THE PENALTY for using a mobile phone while driving could be doubled under proposals being examined by the Government as part of a safety drive, Transport Secretary Patrick McLoughlin said. Metropolitan Police Commissioner Sir Bernard Hogan-Howe has called for offenders to be handed six points on their licence rather than the present three, meaning a ban from getting behind the wheel if caught twice in three years. Mr McLoughlin said it was an "interesting suggestion" that he was considering in an effort to end the "appalling" number of people killed and seriously injured in accidents where a phone was being used in the hand.

Bondholders snub GM, bankruptcy filing likely

Nowhere near enough General Motors bondholders agreed to exchange their debt for stock before a midnight Tuesday deadline, making a bankruptcy filing by the automaker highly likely. GM had set a threshold of 90 percent of the $27 billion in bond debt it wanted to exchange for 10 percent of the stock in a reorganized company for the deal to take place. In a statement Wednesday, GM said the amount of notes tendered was substantially less than the 90 percent target.