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Former GM exec Joel Ewanick joins Fisker

Fisker Automotive has hired ousted General Motors' global marketing boss Joel Ewanick to be interim chief of global sales and marketing for the maker of luxury plug-in hybrids. Ewanick, 52, will replace industry veteran Richard Beattie, 58, who announced his retirement Monday, Fisker spokesman Roger Ormisher said. Ewanick has been working with Fisker as a marketing consultant for at least six weeks and will fill Beattie's role until a full-time replacement is named, Ormisher said.

2012 European Grand Prix Qualifying: Vettel takes pole with Hamilton alongside

The 2012 European Grand Prix on the street circuit in Valencia sees Red Bull’s Sebastian Vettel on pole position with Lewis Hamilton’s  McLaren alongside. Slowly, but not yet completely, Red Bull and McLaren seem to be getting a handle on the topsy-turvy 2012 Grand Prix Circus. Despite serious challenges in final qualifying, it was Sebastian Vettel who set a blistering time to take pole, his third pole of the 2012 season, 33rd of his career and third at Valencia.

Fiat will buy the rest of Chrysler for $4.35 billion

Fiat has announced that it will purchase the rest of Chrysler in a deal totaling $4.35 billion. Currently, the outstanding 41.6 percent stake in the company is owned by the UAW's voluntary employee beneficiary association, or VEBA, trust. Under the terms of the deal, Fiat won't shell out all $4.35 billion.