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Ford begins the search for CEO replacement, report says

Ford Motor Co. has launched a wide search for candidates to succeed CEO Alan Mulally, and the list of possible replacements includes two current and two former executives, The Wall Street Journal reported. Mulally, 66, joined Ford as president and CEO in September 2006 from Boeing Co.

Expert: Fisker Karma's engine packaging, not batteries, likely caused fire

A garage fire last week in suburban Houston has been linked to a Fisker Karma plug-in hybrid, but the company quickly noted that the battery remained intact and unplugged -- and did not appear to be the cause. But if not the battery, then what? More likely, poor packaging in the engine compartment and exhaust routing generated excess heat.

Hexatech F1-spec driving simulator goes on sale

If you’re serious about your gaming – and we mean very serious indeed – then Dutch simulator firm Cruden has just unveiled the last word in driving simulators. The Hexatech is a six-strut hydraulic set-up that’s normally only sold to F1, WRC and NASCAR teams. But it has now decided to unleash it on the public – you just need to find the £120,000 asking price.