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Subaru appoints sales specialist as its new global president

The maker of Subaru-brand cars has tapped a marketing and sales specialist to be the company's new president and lead global automotive operations in the post-quake era. Yasuyuki Yoshinaga, 57, is currently an executive vice president at Subaru's parent company, Fuji Heavy Industries Ltd. He takes the title of president and COO, pending approval at the company's annual shareholders' meeting on June 24, Fuji Heavy said May 10.

Clunkers claims hit $1.15 billion Monday, government says

Dealer claims for cash-for-clunkers rebates continued to climb late last week after it became clear that the program would get $2 billion in new funding. Dealers had submitted 273,077 applications totaling $1.15 billion as of Monday morning, the Department of Transportation said today. That's about $120 million above the figure of last Friday morning.

Ford Fiesta ST Concept arrives

Ford Fiesta ST Concept Just as we expected, Ford has revealed a properly hot Fiesta to take on the new wave of superminis – like the Polo GTI – and is offering up the Fiesta ST with a 1.6 litre EcoBoost lump which will deliver 178bhp. This is Ford cashing-in on its Fiesta WRC programme to price a proper little hot Fiesta, and in the process turning its back on the misjudged decision to play down performance Fords in our eco-obsessed world. Good.