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Ford begins the search for CEO replacement, report says

Ford Motor Co. has launched a wide search for candidates to succeed CEO Alan Mulally, and the list of possible replacements includes two current and two former executives, The Wall Street Journal reported. Mulally, 66, joined Ford as president and CEO in September 2006 from Boeing Co.

Toyota Etios – teased ahead of India launch +video

The Toyota Etiso debuts in Delhi this week Toyota has been doing little teases on a new cheap saloon for emerging markets, and we know the plan is to launch the Toyota Etios on the Indian public on Friday (6th January). We also know that the Etios is Toyota’s cheap, mass-market car with which they hope to take on the current market leaders Suzuki (oh, alright, strictly speaking it’s Maruti in India – but it’s the same thing) and it’s going to get the 1.4 diesel out of the Yaris and probably a 1.2 petrol as well. The Etios will appeal to the rising wealth of middle-class India.

Volkswagen teases with sketch of new sedan for Tennessee factory

Volkswagen AG on Thursday released a sketch of the mid-sized sedan that will be built at VW's factory now under construction in Chattanooga, Tenn. The mid-sized sedan, which has yet to be named, will be slightly larger than the Passat. VW plans to build 150,000 units annually when the factory opens in early 2011.