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Ford offers $1m of design scholarships in memory of William Clay Ford

Ford Motor Company has put aside $1million to be awarded in automotive design scholarships over the next 20 years in order to commemorate the life of William Clay Ford who passed away on Sunday. The Ford Fund will release $10,000 each to five college sophomores or juniors per year who are following a career in car design. William Clay Ford was the last surviving grandchild of company founder Henry Ford and design was his lifelong passion.

Parking ticket issued every four seconds

UK traffic wardens issued a parking ticket every four seconds last year, dishing out a total of 7.8 million in fines and raking in a whopping £255 million from motorists. The figures, obtained through a series of freedom of information requests by Churchill Insurance, found that Westminster City Council issued the equivalent of more than four Penalty Charge Notices (PCNs) per resident in 2013, generating an income of £24 million for 455,000 fines. Parking wardens given ‘illegal’ bonus targets How to appeal a parking ticket Outside London, Cardiff issued the most fines at 57,000 – while North Somerset Council generated the most revenue at £2.25 million.

Watch Hyundai's concept cars at SEMA

The 2013 SEMA show starts today in Las Vegas, Nev. and Hyundai will introduce several new concept cars, including the Bisimoto Genesis Coupe, the Genesis Legato Coupe and the JPE Genesis Coupe. We've all seen the pictures, but now we give you video of these concepts in motion.