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Ford begins the search for CEO replacement, report says

Ford Motor Co. has launched a wide search for candidates to succeed CEO Alan Mulally, and the list of possible replacements includes two current and two former executives, The Wall Street Journal reported. Mulally, 66, joined Ford as president and CEO in September 2006 from Boeing Co.

Autumn issue of Interior Motives and special 10th Anniversary edition available now

The Autumn edition of Car Design News' quarterly interior design magazine Interior Motives is out now, featuring in-depth explorations of the very best interior designs from the recent Beijing, Paris and Moscow auto show Stories include the ground-breaking first concept from the newly launched, China-only Denza brand, created by Daimler and BYD to tap into the growing desire for luxury family cars, and Audi's Crosslane Coupé, which showcases the marque's new design philosophy. Also included in the latest edition is the full story behind the all-new Range Rover – widely considered to be the best SUV ever built – and the innovative Onyx concept shown by Peugeot at the Paris motor show. Combined with an exclusive behind-the-scenes look at the development of Lada's XRay (a stake in the ground by new design boss Steve Mattin) and a report from the 2012 Interior Motives Design Awards, the Autumn issue is essential reading for anyone working in automotive design.

Toyoda says company is ‘grasping for salvation', fears big sales loss

Toyota Motor Corp. President Akio Toyoda said his money-losing automaker is “grasping for salvation” as it struggles to return to profit. The world's largest car company was once targeting annual sales of 10 million vehicles but now expects sales of 7.3 million this year, down from 8.97 million in 2008, Toyoda said today at a news conference.