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UAW: GM, Chrysler may not need additional federal funds

UAW President Ron Gettelfinger said today that General Motors and Chrysler LLC may not need additional federal loans beyond the $17.4 billion approved by the White House. "If we can get by without more money, that's what we want to do," Gettelfinger told Automotive News in an interview at Solidarity House in Detroit. He said how well the money holds out will depend on sales volume this year.

Hearst moves Road & Track

New York publishing house Hearst says it will move the Road & Track magazine editorial offices from Newport Beach, Calif., to Ann Arbor, Mich., home of its other auto-magazine title, Car and Driver. Additionally, Larry Webster has been named editor in chief, replacing Matt DeLorenzo. Webster had been automotive editor of Hearst's Popular Mechanics since January 2010 and before that was the Detroit editor for Popular Mechanics.

Cycle or walk, charity urges parents

PARENTS could save a collective £2 billion a year if they ditched the school run and accompanied children to lessons on foot or by bicycle, says a transport charity. On average, each set of parents could reduce costs by £642 a year if they did not use their car to ferry their offspring to and from school, said Sustrans. Around 11 million journeys a day are made between home and school, while, on average, primary school children live 1.8 miles from school, which is a 25-minute brisk walk, or 15-minute bike ride.