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Bruce Meyer: A good guy gets recognition

Bruce Meyer, one of the best ambassadors of the collector-car hobby, will be honored as an "Automotive Icon" at the 30th anniversary of the Dana Point Concours d'Elegance, June 23-24, 2012, in Dana Point, Calif. Meyer's list of boosterism for the car hobby is long and impressive. He was the founding chairman of the Petersen Automotive Museum and founder of the museum's support group the Checkered Flag 200, he was inducted into the Dry Lakes Hall of Fame and the Grand National Roadster Show Hall of Fame, and he has driven in the Italian Mille Miglia, the French Tour Auto, the Goodwood Festival of Speed and on the Bonneville Salt Flats in the United States.

Nissan to slash jobs, production after forecasting $2.9 billion loss

Reversing his profit forecast to a loss, Nissan Motor Co. CEO Carlos Ghosn entered crisis mode on Monday. Ghosn announced plans to slash 20,000 jobs, cut production by 20 percent, scale back model launches and delay new factories.

Urban gridlock costs economy £4.4bn

GRIDLOCK in urban areas is costing car-commuting households £4.4 billion a year, according to a report. Congestion in London accounts for £2 billion of the overall annual cost, the report by traffic information company Inrix and the Centre for Economics and Business Research (Cebr) showed. The report was compiled by studying congestion in the UK's 18 largest urban areas.