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Ford introduces Defender/Wrangler fighter for Brazil

Ford introduced a spiritual successor to the universally loved Bronco in Brazil this week. The styling is based on the 2012 Troller R-X Concept. Ford bought the Brazilian off-road manufacturer in January 2007.

Prince Harry burns rubber at Goodwood

EVERYONE’S favourite Royal fun-lover Prince Harry took to the race track at the weekend with a visit to the famous Goodwood Motor Circuit. After being welcomed by keen petrolhead Lord March, owner of Goodwood, the Prince put in some hot laps in a classic Aston Martin DB4, before jumping into a Lamborghini Gallardo for an even faster run as part of his activities for the Royal Foundation Endeavour Fund. He obviously enjoyed himself, because after that he drove more laps in a Jaguar F-Type and an Aston Martin V8 Vantage before getting down to the business end of his charity-centred visit.

Former General Motors CEO nets multimillion-dollar retirement package

Former General Motors CEO Rick Wagoner will officially punch out on Aug. 1 with a compensation package worth almost $8.6 million over the first five years. The deal is significantly lower than what he could have received; it would have been $23 million at the end of last year, Reuters reports.