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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.

Audi TT facelift for 2010 / 2011

Audi's slightly nipped and tucked 2010/2011 Auid TT The Audi TT – formerly the hairdressers favourite car to mince around town – became a proper sports car when the latest TT hit showrooms. Even the soft top performed properly, and the Audi TT RS was – and is – a mini Audi R8. So having got so much right with the latest TT – and having got so much wrong first time out – Audi have been understandably understated with tweaks to the TT.

New CAFE proposal would add $5,000 to sticker price, dealer group says

An Obama administration proposal to nearly double today's fuel economy standards could end up tacking on $5,000 to the sticker price of a new vehicle, a top official with the National Automobile Dealers Association said Tuesday. The proposal, which seeks to raise the corporate average fuel economy to 54.5 mpg by the 2025 model year, would force automakers to adopt costly fuel-saving technologies that could eventually price some buyers out of the new-car market, said Don Chalmers, chairman of NADA's government relations committee. NADA, a dealer trade association, represents 16,000 new-vehicle dealers who operate 32,500 franchises.