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Vettel makes history with fourth consecutive F1 world championship

SEBASTIAN VETTEL further cemented his place in Formula One history by becoming the youngest driver to win four consecutive world titles. At the age of just 26, Vettel is now a serious threat to the record haul of seven crowns won by Michael Schumacher, who was six years older by the time he claimed his fourth championship. There was simply no stopping Vettel and his joy of six successive wins secured the world championship.

Obama calls for shared sacrifice in auto bailout

President-elect Barack Obama says he wants to keep tough conditions on automakers that get federal loans. The companies must develop sustainable business models because it would be unacceptable "to keep them on their lifeline through taxpayer dollars in perpetuity," Obama told The Washington Post. Obama said industry restructuring will require "everybody, from labor to management to creditors to shareholders, giving something up." His comments contradict suggestions that the new administration will relax federal loan agreements reached last month with General Motors and Chrysler LLC, possibly with softer demands on the UAW.

Puncture-proof car tyres 'within five years'

FORGET run-flat tyres – soon we'll be driving on un-puncturable tyres with no air in them at all. Tyre maker Bridgestone has announced plans to have its AirFree concept tyre installed on road-going cars within three to five years. The company made the announcement at a special event at its headquarters in Tokyo.