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U.S. will guarantee GM, Chrysler warranties, Obama says

In a bid to boost flagging auto sales, the federal government will pay for any warranty repairs on a General Motors or Chrysler vehicle if either company can't because of financial problems or a bankruptcy filing, President Barack Obama said on Monday. "Let me say this as plainly as I can. If you buy a car from Chrysler or General Motors, you will be able to get your car serviced and repaired just like always," Obama said in a speech.

Monterey in a Mulsanne – a Bentley mission to Pebble Beach

After a ten-and-a-half-hour flight from London, the idea of steering headlong – and solo – into the early Los Angeles rush-hour traffic in a five-and-a-half-metre-long, left-hand drive Bentley Mulsanne (worth some £230,000 with extras) and on the other side of the road to which I am familiar, might seem a little daunting. But as soon as I sink into the super saloon’s big leather seats, Bluetooth my iPhone to stream some music via the Naim premium audio, turn up the air-conditioning and press the accelerator gently, all becomes well. LAX Airport may be my starting point but the final destination is the Monterey Peninsula towards San Francisco, some 400 miles northward, for the world-famous annual classic car show Pebble Beach.

Gert Hildebrand on his new challenge at Chinese startup, Qoros

Qoros Auto, a new start-up luxury automaker which launched in China late last year, is poised to take on the established German firms in the increasingly competitive luxury segment. The company was formerly known as Chery Quantum Auto Co. Ltd (“CQAC”) and is a 50/50 joint venture between Chery Automobile and Israel Corporation.