Focz-5415-a Insulator on 2040-parts.com

Ford cuts CEO's compensation 37%

Ford Motor Co. CEO Alan Mulally earned $13.57 million in total compensation in 2008, a 37 percent decline, as the automaker avoided seeking a federal bailout while posting a record loss. Mulally will take an additional 30 percent cut in salary this year and next as he battles a global financial crisis and the worst U.S.

GM, Ford roll out protection plans for car buyers

General Motors is following Hyundai and Ford in offering protection for car buyers who lose their jobs. A plan announced Tuesday morning called Total Confidence offers up to nine payments of up to $500 each if a car buyer loses his or her job in the first 24 months after the purchase. The plan covers loans and leases.

One last hurrah: the 1994 MG RV8

It's tough to imagine the British car scene in North America without the MGB, which remains a popular starter classic and is available in every price range imaginable--and some price ranges that aren't. The iconic MGB was in production from 1962 until 1980, an entire era that saw relatively few changes introduced to the well-proven design. The marque itself was overseen by three corporate parents during those 18 years on the line: BMC, British Motor Holdings and, finally, British Leyland.