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Ford boss Alan Mulally on how he saved Ford

Ford president and CEO Alan Mulally today told British business leaders how he saved Ford from the worst recession for a generation. He also outlined how the Ford range will shrink from 97 models sold globally to just 20. Mulally gave the keynote speech to the Confederation of British Industry in London, where business bigwigs heard how Ford became the only Detroit car maker not to collapse into bankruptcy.

McLaren celebrates 20th anniversary of the legendary McLaren F1

McLaren Automotive celebrated the 20th anniversary of the start of the F1 program by inviting F1 owners past and present to a celebration dinner at the McLaren Technology Centre in Woking, England. The owners were treated to a display of 21 McLaren F1 road and race cars, the largest number of F1 cars ever assembled in one place. It all started in 1988, when McLaren made the decision to expand from Formula One and design and build what it called "the finest sports car the world had ever seen." In March 1990, the team created to build that car came together for the first time.

Toyota offers peek at redesigned 2012 Camry

A redesigned 2012 Toyota Camry sedan is coming this fall--and Toyota is cranking up the marketing machine. On Wednesday, Toyota posted a teaser photo of the 2012 Camry--a look at the car's left-front corner, showing the headlamp, hood, a flared wheel arch and the windshield. You can also see a fog light, a clue that this is one of the higher trim levels of the Camry family.