General Motors Trunk Lock 9632744 B1 B-3 Gm on 2040-parts.com

Ford lines up Mark Fields to succeed Alan Mulally

Ford Motor Co. has named Mark Fields its chief operating officer, putting him in line to succeed CEO Alan Mulally when he retires no sooner than the end of 2014. The appointment of Fields, 51, who has been president of Ford's Americas unit, was part of a sweeping overhaul of executive ranks unveiled Thursday.

Don't miss CDNLive, reporting on the best from Paris Motor Show 2014

As ever the Car Design News team will be reporting live from the halls of the Paris Motor Show. After the long summer break we're in the French capital for what promises to be a great event. CDNLive from the Paris Motor Show We're looking forward to turning our attention to a promising list of production-car debuts of all shapes and sizes, from the new Smart ForTwo and Opel Corsa to the Volvo XC90 and Renault Espace, via Mazda's new MX-5, the Fiat 500X and Jaguar XE.

Record-setting Ferrari hydroplane heads for RM's Monaco auction

A record-setting Ferrari-powered 1953 hydroplane, ARNO XI, will cross the block in May at the RM Auctions event in Monaco. The hydroplane set the speed record for a boat of its size on Lake Iseo in northern Italy, running up to 150.19 mph. Designed and built by Achille Castoldi—a friend of Ferrari Grand Prix drivers Alberto Ascari and Luigi Villoresi—convinced Enzo Ferrari to provide knowledge and technical assistance to help develop the world-record-holding boat.