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Ford begins the search for CEO replacement, report says

Ford Motor Co. has launched a wide search for candidates to succeed CEO Alan Mulally, and the list of possible replacements includes two current and two former executives, The Wall Street Journal reported. Mulally, 66, joined Ford as president and CEO in September 2006 from Boeing Co.

U.S. new car sales surge at fastest pace in nearly 7 years

U.S. sales of cars and light trucks surged 9 percent in November 1.24 million units and rolled off dealership lots at the fastest pace in almost seven years. The industry's annualized sales rate, adjusted for seasonal factors, rose to 16.4 million last month, up from 15.3 million a year earlier and easily topping analysts' forecasts in the 15.8 million range.

Nissan Leaf owner arrested for stealing electricity

File this under a problem we’ll see more of in the future: An Atlanta Nissan Leaf owner was arrested for stealing five, count ‘em, five cents-worth of electricity from his child’s middle school last month, according to NBC 11 Alive. Kaveh Kamooneh was at Chamblee Middle School where his son was playing tennis. Kamooneh saw the open outlet and figured he’d grab a few electrons while he watched the game.