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Obama sought Ghosn to run GM, ex-car czar says

The Obama Administration initially wanted Nissan-Renault CEO Carlos Ghosn to run GM after Rick Wagoner was ousted in 2009, and repeatedly pressed Fiat to put up cash for a stake in Chrysler, according to an upcoming book about the government bailout of General Motors and Chrysler. Steven Rattner, President Obama's auto adviser who steered the government's $85 billion bailout of GM and Chrysler, is about to publish a tell-all account about his six-month stint inside the White House. The Detroit News, Washington Post and Huffington Post obtained draft copies of the book--"Overhaul: An Insider's Account of the Obama Administration's Emergency Rescue of the Auto Industry." It is scheduled to be published Oct.

2015 Ford Mustang order guide leaked

The 2015 Ford Mustang order guide is now available to U.S. dealers. One dealer in particular took screenshots of all the order codes and posted them online, giving us a good look at the different options for the new 'Stang, revealing almost everything except the base price.

Drivers walk to avoid parking fees

DRIVERS are voting with their feet over parking charges, with most prepared to walk so they do not have to pay. On average, drivers are willing to walk up to half a mile to dodge parking charges, a survey from market research company Viewsbank found. A fifth of motorists were prepared to walk a mile or more rather than pay up, with only 11% saying they would rather pay than walk, the poll of 2,053 drivers revealed.