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Lajdziak replaces Schembri as the president of Smart USA

Jill Lajdziak, Saturn's former top executive, was named president of Smart USA just three days after starting with the company. David Schembri, who previously held the job, will take an unidentified position with the Penske Automotive Group, which distributes the Smart ForTwo microcar in the United States, the company said. "Dave will transition into retail operations at Penske Automotive Group with our dealerships," said Penske spokesman Anthony Pordon.

Shelby American celebrates the GT350's anniversary with a modern Mustang

Shelby American is marking the 45th anniversary of the legendary Shelby GT350 Mustang with a new version, designed for Ford's new 5.0-liter V8 in the 2011 Mustang. For those willing to plunk down $33,995--plus the cost of a new Mustang--the team at Shelby American in Las Vegas will crank out a modernized GT350. On the outside, that calls for white paint with the blue racing stripes down the center of the hood, roof and deck.

Honda Civic's frugal 2013 DTEC diesel: more info

Honda will equip its current Civic hatch with a 1.6-litre diesel engine from early in 2013. The engine is, Honda claims, the cleanest, most frugal engine in its class, and will offer diesel Civic buyers up to 78.5mpg, according to the company's figures. The downsized 1.6 derv will also see duty in the new CR-V soft-roader later on in 2013.