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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.

One Lap of the Web: California, Corvette

-- Los Angeles is a city so tied to dysfunctional traffic that locals give it nicknames. Carmageddon, Rampture, Carmageddon II -- construction closure names become coping mechanisms. Hence Jamzilla, the name given to the closure of the 405 Freeway this long President's Day weekend, serving to impede the wanton roaming of Angelenos just when they finally have time to do so.

Subaru Impreza Diesel delayed for UK

Update 2/9/09: Finally, Subaru has announced that the Subaru Impreza Diesel will be coming to the UK, starting at £20,000 OTD for the 2.0D RC. It does get difficult when markets go mad, and currencies fall out of the normal range of values, for none more than the big car manufacturers whose products are sold around the world. The Japanese are really struggling with this at the moment, as the Yen has remained strong in relation to many western currencies, in particular the Pound.