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Mark Fields replaces Alan Mulally as Ford CEO

Ford Motor Co. named Mark Fields to replace Alan Mulally as CEO on July 1, handing the reins to a 25-year company veteran after being saved by an auto industry outsider. “From the first day we discussed Ford's transformation eight years ago, Alan and I agreed that developing the next generation of leaders and ensuring an orderly CEO succession were among our highest priorities,” Executive Chairman Bill Ford said in a statement.

Meeke Makes Magic Monte Debut

A LITTLE over a decade since a Brit last stood on the podium in Monte Carlo, works Citroen driver Kris Meeke finished the opening round of the 2014 World Rally Championship in third place. After enduring rain, snow and challenging road conditions, Meeke finished an impressive third in his DS3 rally car behind 2013 champion and Monte winner Sebastien Ogier’s Volkswagen Polo and local hero and Ford privateer Bryan Bouffier. The dream result comes after Meeke and co-driver Paul Nagle were handed a full works drive by the ultra successful Citroen team at the end of last year.

BYD aims to bring electric vehicle to North America by 2011 or 2012

Chinese firm BYD Auto is aiming to bring at least one electric vehicle to North America by 2011 or 2012, and is considering building an assembly plant in the United States, it said Monday at the Detroit Auto Show. The automaker showed the e6, an electric vehicle, and two other hybrid cars at the show. The e6 has room for five and has a range of 250 miles, BYD says.