Wheel Stud, 9/16-18 on 2040-parts.com

Chrysler brand will handle Fiat 500 in U.S.

The Chrysler brand will handle U.S. distribution of the Fiat 500 minicar, said Peter Fong, Chrysler brand CEO and head of sales for all Chrysler Group brands. Fong said the 500 most likely will have a dedicated corner in Chrysler-brand showrooms.

Land Rover backed Race2Recovery team finishes Dakar Rally

The Race2Recovery Rally team – a group of disabled servicemen backed by Land Rover – has become the first disabled team to finish the Dakar Rally. Land Rover may have backed the Race2Recovery team in the Dakar Rally, but the real triumph is that of the team’s members as they become the first disabled team to complete the gruelling rally. In the space of just eighteen months, the Race2Recovery team has gone from a handful of disabled servicemen to a fully fledged Dakar Rally Team with 28 people, four Wildcats and a bunch of support vehicles including a pile of Discoveries for transporting the support team and equipment.

Ford cuts CEO's compensation 37%

Ford Motor Co. CEO Alan Mulally earned $13.57 million in total compensation in 2008, a 37 percent decline, as the automaker avoided seeking a federal bailout while posting a record loss. Mulally will take an additional 30 percent cut in salary this year and next as he battles a global financial crisis and the worst U.S.