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'Project paradise' up for grabs

IT COULD be project paradise for keen car owners this month, when a series of fabulous cars in need of restoration go under the hammer. The Anglia Car Auctions Classic event will take in project cars from across the decades, with one amazing lot more than 100 years old. There are sought-after Alfa Romeos, including a 1978 Alfasud that was raced by former British Touring Car champion Steve Soper and a 1988 Spider, the latter of which has an estimate of just £500.

Audi will build electric sports car

It's official: Audi's e-tron is a go. Audi of America President Johan de Nysschen says an electric vehicle based on the high-performance e-tron concept will debut in the United States in two to three years. The sleek two-seat sports car was unveiled at the Frankfurt auto show last month, but at the time Audi would not confirm plans to produce it.

General Motors is seeking 'motivating, inspirational' CEO, Whitacre says

General Motors Co.'s board is looking inside and outside the automaker for “a motivating, inspirational leader” to be its next chief executive, said Ed Whitacre, chairman and interim CEO. Whitacre said candidates don't need to be an existing CEO or even have strong auto credentials. But he would like a strong leader.