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Whitacre named General Motors' permanent CEO

Ed Whitacre, General Motors Co.'s chairman, will become the automaker's permanent CEO, it was announced on Monday. In a brief press conference, Whitacre, 68, said GM plans to pay back government loans to the U.S. and Canada by June.

The Toyota FT-1 sure does look like the Bertone Mantide

We really liked the Toyota FT-1, which caught us off guard in the best possible way when it emerged at the Detroit auto show. In fact, we liked Toyota's “spiritual pace car” enough to call it the most fun new thing on the floor -- and we're hoping the automaker's execs take notice. Reader Dennis Liu certainly noticed the car, which seemed rather familiar to him: He feels that, coincidentally or not, it looks a lot like the Bertone Mantide.

Ford Escape, Fusion get software fix

Ford says it has developed a fix for the potential engine fire problem that prompted it to recall nearly 90,000 copies of the new Escape and Fusion with the 1.6-liter EcoBoost engine. Ford traced the problem to a glitch in the engine software that could lead to an engine fire in the event of pressure dropped in the cooling system. So dealers will update the software on the recalled vehicles.