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Magazine names Ford's Alan Mulally top CEO

Ford Motor Co. CEO Alan Mulally has been named CEO of the Year by Chief Executive magazine. What set Mulally apart, according to the selection committee, was not only leading the turnaround of an American icon without the government bailout funds given to its competitors, but also a mix of other behaviors and accomplishments.

McLaren 12C GT Sprint (2013) first pictures

The McLaren 12C GT Sprint will cost around £200,000 and be limited to an initial batch of 20 models finished in McLaren Orange as standard. The special edition bridges the gap between the regular version of the road-going 12C and the GT3 and Can-Am racing models, and has been developed by McLaren GT, the racing arm of the company. So what’s different for the McLaren 12C GT Sprint?

No sign of global auto meltdown at Tokyo Auto Salon

With more than 600 cars on display and a record number of exhibitors, nothing at the 2009 Tokyo Auto Salon tuner show hinted at the global economic downturn. As always, there was a great mix of styles, from hard-core, 1,000-hp, supertuned machinery to weird customized scooter tricycles. Auto manufacturers tried hard to capture the minds--if not the wallets--of the younger-than-30 crowd with customized versions of production cars, while tuners were busy persuading power junkies to choose them for their next engine modification.