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Former Chrysler chief LaSorda joins Fisker

Former Chrysler CEO Tom LaSorda will join Fisker Automotive as vice chairman, in the plug-in hybrid maker's second signing of an ex-Detroit 3 executive this week. CEO Henrik Fisker said LaSorda's position will include a day-to-day executive advisory role, as the fledgling automaker ramps up production of the Karma sedan at its Wilmington, Del., factory over the coming year. LaSorda will be chairman of the company's strategy council.

Ford tops Scrappage Scheme

Ford have made 14,000 sales under the Scrappage Sheme Ford – who are the biggest car seller in the UK anyway – are, not surprisingly, coming out on top in the Scrappage wars. They’ve managed to shift over 14,000 cars under the Scrappage Scheme in the last few months, and orders are coming in at the rate of 300 a day. Top seller is the new Ford Fiesta, with a healthy dose of Fiesta sales being the Ford Fiesta ECOnetic.

Bernie Ecclestone's daughter buys pricey house in Los Angeles

After nearly three years, Candy Spelling has finally found a buyer for her Los Angeles mansion (which some would call a castle)--the daughter of Formula One commercial boss Bernie Ecclestone. Petra Ecclestone, 22, will be the new owner of the 57,000-square-foot home in Holmby Hills, according to the Wall Street Journal. Spelling was asking $150 million for the joint, which puts it among the most expensive homes in the country, according to the newspaper.