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Two top Ford execs to retire

Two top Ford Motor Co. executives, CFO Lewis Booth and global product development chief Derrick Kuzak-- both key architects of the automaker's recovery--will retire on April 1, the automaker said Thursday. Booth, 63, will be succeeded by Bob Shanks, Ford's vice president and controller.

MP claims 3p for 100 metre car trip

FORMER DEFENCE secretary Liam Fox successfully claimed 3p of taxpayers' cash for a car journey of fewer than 100 metres, expenses documents show. The Conservative MP made the claim after travelling 0.06 miles, or approximately 96.5 metres, within his North Somerset constituency from a concrete firm to a constituency surgery in Yatton in October 2012. The Independent Parliamentary Standards Authority (Ipsa) notes the claim was paid last December.

GM Advanced Design California celebrates 10th Anniversary

On the eve of the 2010 LA Auto Show, GM's California Advanced Design Studio opened its doors in North Hollywood, to celebrate its 10th Anniversary. Based in a former bakery, the studio occupies a relatively small space in North Hollywood/Burbank with studio warehouses and small outbuildings sharing the plot, creating an environment that – if not for the palm trees – could easily double for the artisan workshops of a firm in old Europe. Yet on the night itself, the studio took on an altogether ethereal appearance – light-filled globes floated above the buildings and grounds, casting a blue/white hue across the venue.