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Four big pickups get low marks in crash tests

Four 2009 full-sized pickups got low marks in side-impact crash tests by the Insurance Institute for Highway Safety, a research group for auto insurers. Crash protection is "poor" in crew-cab versions of the Chevrolet Silverado and Nissan Titan without side-impact airbags, according to test results the institute released on Wednesday. The Dodge Ram with standard side-impact airbags got only a "marginal" rating, the institute said.

2013 Ford Mondeo: Price cuts & new models

That means a simplified lineup for the new Mondeo and the introduction of a cheaper entry-level model – the Mondeo Graphite – and a new model at the top end – the Titanium X Business Edition – with more equipment and a lower price. The Mondeo Graphite comes with 17″ alloys, sports suspension, Bluetooth, AirCon and part leather and starts at £15,995 – more than £2k cheaper than the former entry-level Mondeo Edge. At the other end of the scale, Ford are introducing the Titanium X Business Edition which replaces both the Titanium and Titanium X, gets more equipment than the Titanium X and yet costs £1500 less.

Former General Motors CEO nets multimillion-dollar retirement package

Former General Motors CEO Rick Wagoner will officially punch out on Aug. 1 with a compensation package worth almost $8.6 million over the first five years. The deal is significantly lower than what he could have received; it would have been $23 million at the end of last year, Reuters reports.