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Of the eight members and 10 senior policy aides named on Friday to the Obama administration’s Presidential Task Force on the Auto Industry, only two drive vehicles built by Detroit automakers, raising some concerns in the Motor City. Co-chairs Timothy Geithner and Lawrence Summers both drive Japanese-badged automobiles, an Acura TSX and a Mazda Protege, respectively.

According to the Detroit News‘ research, only Gene Sperling, counsel to the Treasury Secretary, and Rick Wade, a senior adviser at the Commerce Department, own American-badged cars. Sperling owns a 2003 Lincoln LS and Wade has a 1998 Chevrolet Cavalier… More Info… 

FONTANA, Calif. — Results Sunday from the Auto Club 500 race for NASCAR’s Sprint Cup Series at Auto Club Speedway, listing starting position in parentheses, driver, car, reason out if not running at the finish, laps completed, driver rating, points and money won:

1. (24) Matt Kenseth, Ford, 250 laps, 131.4 rating, 195 points, $341,615.

2. (6) Jeff Gordon, Chevrolet, 250, 133.7, 175, $240,926.

3. (10) Kyle Busch, Toyota, 250, 110.1, 165, $211,648.

4. (5) Greg Biffle, Ford, 250, 122.1, 165, $161,200.

5. (4) Kurt Busch, Dodge, 250, 111, 160, $133,900.

6. (23) Denny Hamlin, Toyota, 250, 99.9, 150, $129,025.

7. (25) Carl Edwards, Ford, 250, 102.3, 151, $155,181.

8. (11) Tony Stewart, Chevrolet, 250, 101.9, 147, $139,748.

9. (2) Jimmie Johnson, Chevrolet, 250, 121.3, 143, $160,526.

10. (1) Brian Vickers, Toyota, 250, 85.2, 134, $141,473.

…  More info

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f1-car

For the sales reps at ING , the Dutch bank’s involvement with Formula One racing was a dream.

The bank’s marketing team rolled through central and eastern Europe last summer, arriving at shopping centres and universities with a replica Renault Formula One car in tow. Wherever they went, crowds queued to be photographed with the show car, all wanting a taste of the sport’s glamour.

Having collected personal details, salesmen would turn up at the fans’ homes a week later with a copy of the photograph. It was the perfect way to get their attention.

ING said that between 6% and 7% of the people it visited ended up buying financial products – a far higher proportion than from a regular sales push. …  More info