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Transportation secretary Ray LaHood to step down

WASHINGTON -- Transportation Secretary Ray LaHood, 67, who raised awareness about the dangers of distracted driving, said he will leave President Obama's Cabinet after a replacement is confirmed. LaHood, a former Republican congressman from Illinois, has led the Department of Transportation since 2009. He announced his departure today on the agency's website.

Ford cuts 2010 prices by up to 15%

Ford has cut prices of its big cars by up to 15% By Tim Pollard Motor Industry 26 March 2010 12:00 Ford today announced sweeping price cuts across its large car range – lopping up to 15% off the price of models such as the Mondeo, S-Max and Galaxy. The news comes after Ford raised price four times in the past year.The Blue Oval has drawn criticism in the past for artificially high list prices, which have penalised business buyers. In the UK, company car tax is calculated by the P11D price which is based on the list price, not the transaction price, and 70% of large Fords are bought by fleets.Private buyers have historically scored large discounts on big Fords, as did corporate buyers – making many question the need for higher list prices.

Land Rover sending more Range Rover Evoques to the US

Land Rover are increasing the supply of the new Range Rover Evoque to the US by a third to help meet demand. In the land where cubic inches are king and any SUV smaller than a Hummer isn’t really an SUV, it’s amazing that the dinky Range Rover Evoque is a hit – but it is. From sales of just 2,200 Evoques in 2011, Land Rover has managed to shift twice that in the first six months of 2012, and Land Rover dealers are still complaining they can’t get enough Evoques to meet demand.