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Ford names new lead independent director  May 9th, 2013 

Wilmington, Del. - Ford Motor Co. said Thursday it has named a new lead independent director of its board after a long-time member retired after more than 25 years.Ellen R. Marram, who is president of a business advisory firm, was named Ford's new independent director of its 15-member board. She has served as president of the Barnegat Group, LLC since 2006. She is also a former CEO of ...  
 
 
Son of former Pakistani PM kidnapped  May 9th, 2013 

The son of a former Pakistani prime minister was kidnapped and his secretary killed Thursday in an attack on a political rally, police said. Express Tribune, quoting police in Multan in Punjab province, reported gunmen abducted Ali Haider Gilani, the youngest son of former Prime ...  
 
 
BRIEF-Rolls-Royce awarded contract to repair US Navy T56engines  May 9th, 2013 

LONDON | Thu May 9, 2013 8:07am EDT LONDON May 9 (Reuters) - Rolls-Royce Holdings PLC : * Awarded $35 million contract to repair US Navy ...  
 
 
Chinas April auto sales rise 13 percent  May 9th, 2013 

BEIJING -- An industry group says China's auto sales rose 13 percent in April despite concern about a weak economic recovery while Japanese brands suffered less severe declines.The China Association of Automobile Manufacturers said Thursday customers in the world's biggest auto market bought 1.4 million cars. It said total sales showed "clear improvement" at 1.8 million ...  
 
 
UPDATE 1-Volkswagen says recalls 91000 cars in Japan  May 9th, 2013 

Thu May 9, 2013 5:11am EDT (Changes to include company confirmation, adds details on recall) FRANKFURT May 9 (Reuters) - Volkswagen is recalling about 91,000 cars in Japan, a spokesman for the company said, citing potential gearbox problems that have already caused a recall in China. The spokesman said that the problems were due to the hot and wet climate, the extreme stop-and-go traffic as well ...  
 
 
Tesla Electric Car Sales Spark First Profit  May 9th, 2013 

Accelerating demand has helped US electric car-maker Tesla make its first quarterly profit, sparking a surge in its share price. Ten-year-old Tesla Motors surprised the market on Wednesday night when it confirmed earnings of $15m ...  
 
 
Aston Martin Daimler in talks over engine partnership report  May 9th, 2013 

Aston Martin is actively seeking a collaborator to reduce spending on its next-generation sports cars, and German powerhouse Daimler is understood to be the preferred partner of Aston co-owner Investindustrial. The Gaydon-based manufacturer of ...  
 
 
McLaren MP4-12C $100000 price cut as Brits attack “overpriced” supercar rivals  May 9th, 2013 

supercar from the famous Formula One team has been dramatically reduced by up to $102,000 in Australia as the company launched an attack on ';overpriced'; rivals. McLaren launched the MP4-12C in Australia only last year, its first road car since the fabled McLaren F1 that was the world’s fastest production car in the ...  
 
 
Hondas Kanayama challenging status quo to roll out Amazeing results  May 9th, 2013 

In December of 2012, Hironori Kanayama, 59 years, president and CEO of Honda Cars India was on stage in front of hundreds of workers at its Greater Noida ...  
 
 
Chrysler begins work on new engine line at Trenton factory  May 9th, 2013 

Auburn Hills - Chrysler Group LLC has begun work on a new engine assembly line at its motor factory in Trenton - a move that could add more than 200 new jobs at the plant, according to sources familiar with the situation.They said the new line will build Chrysler's popular four-cylinder Tigershark engine, which is currently produced at the company's Dundee Engine Plant. Dundee would ...  
 
 
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