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Ford cuts CEO's compensation 37%
Wed, 25 Mar 2009Ford Motor Co. CEO Alan Mulally earned $13.57 million in total compensation in 2008, a 37 percent decline, as the automaker avoided seeking a federal bailout while posting a record loss. Mulally will take an additional 30 percent cut in salary this year and next as he battles a global financial crisis and the worst U.S.
New Citroen Grand C4 Picasso – launches January 2014
Thu, 27 Jun 2013The New Citroen Grand C4 Picasso (pictured) launches in the UK January 2014 If a Citroen C4 Picasso just isn’t big enough to plant your brood in, Citroen has always had an answer in the shape of the 7-seat Citroen Grand C4 Picasso. And now there’s a new one. Citroen has revealed the new Grand C4 Picasso early, ahead of an on sale date of January 2014 in the UK, which is even more capacious than the old Grand C4 and gets some styling changes to mark it out from its 5-seat sibling.
SHOCK CAR NEWS! New Bentley SUV won’t be cheap
Sat, 28 Jun 2014New Bentley SUV won’t be cheap The Bentley SUV is now not just a probable future model for Bentley, but is now a fully confirmed project that will result in the first ever SUV from Bentley in 2016. Having now moved away from the ‘Bentley Shed’ school of car design we saw with the original EXP 9 F Concept - which got huge criticism when it was revealed – to a much sleeker design that looks like a Continental GT on stilts, the new Bentley SUV will be much in demand when it arrives. But one question that hasn’t been answered is where exactly Bentley will pitch the price of their new SUV?