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MP claims 3p for 100 metre car trip

FORMER DEFENCE secretary Liam Fox successfully claimed 3p of taxpayers' cash for a car journey of fewer than 100 metres, expenses documents show. The Conservative MP made the claim after travelling 0.06 miles, or approximately 96.5 metres, within his North Somerset constituency from a concrete firm to a constituency surgery in Yatton in October 2012. The Independent Parliamentary Standards Authority (Ipsa) notes the claim was paid last December.

D-day for General Motors: GM files for bankruptcy

By Tim Pollard Motor Industry 02 June 2009 06:57 General Motors today faces the humiliation of collapsing into bankruptcy. It marks the 1 June deadline imposed by US president Barack Obama for the General to sort out its business – or seek protection from creditors in the bankruptcy courts. As we’re all too painfully aware, GM has been unable to perform miracles, triggering one of the greatest industrial collapses seen in American corporate history.

Who's Where: Frank Stephenson to move to Fiat

Frank Stephenson, Director of Ferrari-Maserati Concept Design and Development, is to move to Fiat to become Head of the Fiat, Lancia and Commercial Vehicle Styling Centre, based in Turin. Fiat Auto has seen a number of senior management changes within the last week, as part of an overall restructuring of the group. These include the appointment of Karl Heinz Kalbfell, Chief Operating Officer of Alfa Romeo, who is to become Chief Executive Officer of Maserati and replace Martin Leach who is now leaving the Company.