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Ford recalls 144,000 F-150s for airbag fix

Ford is recalling 144,000 F-150 pickups from the 2005 and 2006 model years because of concerns that the airbags may deploy without warning, the automaker said on Tuesday. The National Highway Traffic Safety Administration advised Ford to recall the F-150 after investigating 238 reports of accidental airbag deployment. Seventy-seven injuries have been reported, including chipped teeth, minor burns and cuts to the arms, hands and face.

Former Saab executives arrested in accounting-fraud probe

Three former Saab executives, including former CEO Jan-Aake Jonsson, were arrested Monday on suspicion of “grave attempts to complicate tax controls” during 2010 and 2011, according to a report from Bloomberg. The Swedish Economic Crime Authority's chief prosecutor, Olof Sahlgren, declined to give the names of the arrested, but Bloomberg confirmed in court documents that Jonsson, former chief financial officer Karl-Gustav Lindstroem and formal general counsel Kristina Geers were detained. “It's about accounting measures to complicate the control operations of the tax authority regarding the calculation of taxes and fees,” Sahlgren told Bloomberg.

Australian Grand Prix (2014): RESULT

The 2014 Australian Grand Prix gets underway It’s all new cars for the first Grand Prix of the 2014 F1 season in Melbourne, but the expectation was that Mercedes would dominate, with Lewis Hamilton sitting on pole and Nico Rosberg sitting third, separated by Red Bull’s new boy, Daniel Ricciardo. In fact, because of engine problems, Hamilton was sidelined from the start and down to fourth by the first corner, with Rosberg making the most of his team mate’s woes and storming through to take the lead, a lead he kept until the end for a dominant win in Melbourne. Behind Hamilton, home boy Daniel Ricciardo in the Red Bull managed to make the 2014 Red Bull car look immensely promising to take second place, a welcome boost for the troubled Red Bull team, even if world champion Sebastian Vettel suffered the same fate as Hamilton, retiring with engine problems.