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GM's top battery executive for the Volt to join California startup

General Motors's top executive in charge of developing batteries for the Chevrolet Volt plug-in hybrid is leaving to take a position with an unnamed startup battery company in California. Denise Gray, 46, global director of rechargeable energy storage systems, will step down March 5 after more than three years in the post. This was “an opportunity that I could just not resist,” Gray said in a phone interview.

Jaguar Land Rover to build new £400m Engine Plant in Wolverhampton

New JLR Engine Plant to be built in Wolverhampton Update 19th September: Jaguar has now confirmed our story, although the cost is expected to be £335 million and the number of new jobs 750. We’d guess the 2,00 jobs we quoted in the original story includes jobs created in the supply chain. Work is expected to start on the new engine plant in early 2012.

Want a 28% return on investment? Buy a Classic Ferrari.

The Wall Street Journal declares a classic Ferrari as a sound investment with returns in the last year averaging 28% on important models. It seems, especially if you’re a petrolhead, you can have your cake and eat it by investing in classic cars, and particularly in classic Ferraris, and not just see your investment on a balance sheet but in your garage too. The Wall Street Journal has been looking at ‘Treasure ASsets’ like fine wines, works of art and classic cars.