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Ford cuts CEO's compensation 37%

Ford Motor Co. CEO Alan Mulally earned $13.57 million in total compensation in 2008, a 37 percent decline, as the automaker avoided seeking a federal bailout while posting a record loss. Mulally will take an additional 30 percent cut in salary this year and next as he battles a global financial crisis and the worst U.S.

Mazda reveals Mazda2 EV with range-extender Wankel rotary engine

Mazda reveals Mazda2 EV with range-extender Wankel rotary engine It’s long seemed logical that a compact Wankel rotary engine – running at a constant speed – would be a great way of fitting electric cars with a range-extender option. Audi flirted with the idea of fitting the A1 e-tron with a Wankel engine a couple of years ago, but that got shelved. And Mazda – keepers of the Wankel flame – came up with the idea of a Wankel engine bolted in to an EV and powered by hydrogen last year, but it seems to0 have gone nowhere.

Land Rover-designed Santa's sleigh (2009)

The Land Rover-designed sleigh for Father Christmas, penned by Florian Dobe By Tim Pollard First Official Pictures 15 December 2009 22:22 Today it’s the turn of Land Rover to show off its version of Santa’s sleigh. Father Christmas’s go-anywhere 4x4 delivery wagon was sketched out exclusively for CAR Online – as part of our Christmas 2009 special feature.Submitted by Oliver Le Grice, Land Rover’s chief designer of advanced design, and designed by Florian Dobe, the Land Rover sledge is designed to deliver presents to all corners of the Earth. The Midlands design HQ has helpfully attached a spec sheet, letting us know this Land Rover has height adjustable suspension (presumably controlled by the brand’s Terrain Response controller) and a hitherto top-secret powertrain option: a particle accelerator.