Ford Motor Company Fund expands driver-education program for teens

Driving Skills for Life (DSFL), a free program sponsored by the Ford Motor Company Fund to teach teen drivers safe driving skills, will be coming to 31 more cities this year as part of the DSFL national high-school tour and community program. New sites for the clinic include Albany, N.Y.; Louisville, Ky.; Atlanta; Phoenix, and Boston. “There is nothing more important than the safety of our young people on the road,” said Jim Graham, manager of DSFL.

Koenigsegg backs out of deal to buy Saab

Swedish exotic-car maker Koenigsegg Group has canceled plans to buy Saab from General Motors. GM announced that the deal was off on Tuesday and gave no reason why the deal fell apart, nor did the automaker say what would happen to Saab. In a statement, GM CEO Fritz Henderson said: "We're obviously very disappointed with the decision to pull out of the Saab purchase.

GM puts Girsky in charge of Europe operations

General Motors has put vice chairman Steve Girsky in charge of its troubled European operations, replacing Karl-Friedrich Stracke. GM said that Stracke will handle special assignments from chairman Dan Akerson. GM said Girsky will serve as "acting head" of its European operations while it searches for a replacement executive.