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Obama calls for shared sacrifice in auto bailout

President-elect Barack Obama says he wants to keep tough conditions on automakers that get federal loans. The companies must develop sustainable business models because it would be unacceptable "to keep them on their lifeline through taxpayer dollars in perpetuity," Obama told The Washington Post. Obama said industry restructuring will require "everybody, from labor to management to creditors to shareholders, giving something up." His comments contradict suggestions that the new administration will relax federal loan agreements reached last month with General Motors and Chrysler LLC, possibly with softer demands on the UAW.

Top Gear’s Jeremy Clarkson & Richard Hammond BANNED from driving

Top Gear’s Jeremy Clarkson & Richard Hammond (pictured) BANNED from driving in France It’s an astonishing claim from a man with a lead right foot, but Jeremy Clarkson claims to have never been nicked for speeding. But that claim is something Jeremy will have to qualify by location in future after the French ‘Rozzers’ nicked both Clarkson and Richard Hammond on a Top Gear drive in France last month. How we all managed to miss this little snippet of news when Jeremy revealed it in his column in The Sun last month, we don’t know.

The Frankfurt motor show 2009 review, by Ben Oliver

By Ben Oliver Motor Shows 16 September 2009 00:01 Taking the metro to the Frankfurt motor show, I was surrounded by men whose grey suits, lapel badges and reading matter made it obvious they were car company execs heading the same way. In previous years they probably had access to the fleets of chauffeur-driven cars that used to clog the town as they shuttled from airport to exhibition hall to hotel. But Frankfurt, like every other motor show, finds itself in reduced circumstances this year.  The Paris and Frankurt shows alternate, and the comparison with Paris this time last year is instructive.