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Robert Kidder, former Duracell chief, to head new Chrysler as chairman

Business consultant Robert Kidder is set to become the new chairman of Chrysler Group when it emerges from bankruptcy. Kidder, 64, will replace Bob Nardelli, who was hired in 2007 after Daimler sold Chrysler to private equity group Cerberus. A new board of directors, to be formed after bankruptcy, will hire a new CEO for Chrysler.

Who's Where: Martin Smith to retire, succeeded by Joel Piaskowski as Ford Europe head of design

Martin Smith, head of Ford of Europe design for the last 10 years, will retire at the end of this year, before which he will work on a project to study the future direction of the company's global design direction. He will be replaced by current head of strategic concepts group, Joel Piaskowski on 1 July. Smith (64) first joined Ford back in 2004, leaving General Motors as director of design for Opel/Vauxhall.

Audi Q5, Skoda Yeti, & Abarth 500 are the UK’s lowest depreciating cars

Audi Q5 - the UK's least depreciating car The key to low-cost motoring has more to do with depreciation than running costs, so pick an Audi Q5, Skoda Yeti or Abarth 500. The difference in residual values of cars after three years can have a huge impact on motoring costs. A £15k car that has strong residual values – like the Audi Q5, Skoda Yeti and Abarth 500, identified as the UK’s lowest depreciating cars by CAP (and published by Auto express) – could be worth as much as £10k after 3 years and 30,000 miles.