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At the Detroit Auto Show, Lincoln gets a C

Hoping to attract younger buyers, Ford's Lincoln division unveiled the Lincoln C concept at the Detroit Auto Show this week, a car Lincoln calls a big idea for a small luxury car. Ford's vision: a small, more fuel-efficient car for congested urban areas and compact parking spaces that still provides driver and passengers with luxury and comfort of larger sedans. "Modern luxury buyers who live and work in large, urban areas want to play their part in helping the environment by moving to a smaller vehicle, but they still want to enjoy the luxuries of life," said Peter Horbury, executive director of Design, The Americas.

In memoir, Bush defends auto bailout to safeguard American jobs

Former President George W. Bush is defending his $17.4 billion bailout of the U.S. auto industry in his memoir, Decision Points.

Australian F1 Grand Prix Qualifying: Postponed until Sunday by heavy rain

Final qualifying for the 2013 Australian Grand Prix in Melbourne has been postponed until Sunday by torrential rain and poor light. The 2013 Australian Grand Prix is the opening event for the new F1 season, but the new season is off to a difficult start after torrential rain in Melbourne has forced the postponement of qualifying until Sunday morning – just before the race itself is due to start. Race Director Charlie Whiting called time on qualifying this morning after just the first knockout round when the heavy rain – and fading light – made it too dangerous to continue the knockout session.