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Obama calls for shared sacrifice in auto bailout

President-elect Barack Obama says he wants to keep tough conditions on automakers that get federal loans. The companies must develop sustainable business models because it would be unacceptable "to keep them on their lifeline through taxpayer dollars in perpetuity," Obama told The Washington Post. Obama said industry restructuring will require "everybody, from labor to management to creditors to shareholders, giving something up." His comments contradict suggestions that the new administration will relax federal loan agreements reached last month with General Motors and Chrysler LLC, possibly with softer demands on the UAW.

Belgian Grand Prix (2011) RESULT

Belgian Grand Prix 2011 As always, Spa threw the weather in to the equation in qualifying for the Belgian Grand Prix, with Button ending in 13th place on the grid after a rapidly drying track left the McLaren driver stranded in 13th place as others took advantage, despite being obviously quicker than most of the pack. Without the rain errors it could have been a McLaren front row, but Hamilton at least managed to show the McLarens were quick at Spa and joined Vettel on the front row with Webber in third and Massa fourth. But all the promise came to nothing for Hamilton as he reverted to type and drove like a petulant child – straight in to Kamui Kobayashi on lap thirteen – ending McLaren’s hopes of a win.

Kia Ceed (2012) first official pictures

The first Kia Ceed, launched in 2006, signalled a step change for the Korean car company. Not only was it designed and built in Europe (in Germany and Slovakia respectively) but it was also good enough to be considered a worthy rival for the Focus, Golf, Astra et al. From Soul to Optima, from Picanto to Rio, nearly everything that's followed has been good or great.