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Porsche preps a Panamera wagon concept for Paris motor show

Porsche will preview plans for a Panamera-based wagon concept in September at the Paris motor show. It is set to provide telling clues for the direction of a production version that could arrive in several years. This would lend an additional element for increasing Porsche's sales as part of parent company Volkswagen's ambitious growth strategy.

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.

Milestone in life matched by car change

MOST DRIVERS in the UK mark key milestone moments in their life with a change of car. Four out of five British drivers say they will change their car to give their first-born child a more comfortable drive home, while others say they would swap cars if they won the Lottery. A survey by the AA found that 26% of drivers will change to a new car if they start a new job, while 21% decide on a different car because of retirement.