Mustang 1998 Interior Rear View Mirror 36361 on 2040-parts.com

Magazine names Ford's Alan Mulally top CEO

Ford Motor Co. CEO Alan Mulally has been named CEO of the Year by Chief Executive magazine. What set Mulally apart, according to the selection committee, was not only leading the turnaround of an American icon without the government bailout funds given to its competitors, but also a mix of other behaviors and accomplishments.

£54k insurance fraud foiled by black box

A fraudulent £54,000 insurance claim following a crash involving a car and a lorry has been found bogus thanks to a black box device fitted to the car. Three passengers in the lorry claimed for personal injury damages after it was shunted at low speed by a Vauxhall Astra. However, the Astra was fitted with a telematics device that, when examined, revealed that due to the size and weight of the vehicles and the speed of the Astra, the claimed injuries were implausible.

General Motors CEO Rick Wagoner to quit, reports say

General Motors CEO Rick Wagoner is about to resign after eight years as the Obama administration prepares to decide on the automaker's request for additional government rescue loans, two people familiar with the matter said. A senior Obama administration official told NBC's John Yang that Wagoner, 56, was asked to step down by the White House. The automaker, which has lost about $82 billion since 2004, awaits word Monday from President Obama on a request for as much as $16.6 billion in additional U.S.