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HANDING OUT PINK SLIPS: World largest automaker Toyota Motors is also set to cut 3,000 jobs.

HANDING OUT PINK SLIPS: World largest automaker Toyota Motors is also set to cut 3,000 jobs.

Recession fallout: Job cuts become the norm

World over jobs are being slashed in thousands as companies grapple with recession and eventual lack of demand. Even multinationals like Citigroup Inc are struggling and India-born CEO Vikram Pandit's job is in danger. Moreover Citigroup plans to axe 52,000 jobs worldwide

Fiat tests new cars in snow-clad Arjeplog

Arjeplog near the Arctic Circle in Sweden has been the winter home of vehicle testing for decades now.

http://www.ibnlive.com/news/fiat-tests-new-cars-in-snowclad-arjeplog/61117-25.html

CRASH PROOF: Technology could make a car virtually crash proof

Can technology drive you around safely?

Engineers are conceptualizing cars that can detect a pedestrian, about to run infront of the car.

http://www.ibnlive.com/news/can-technology-drive-you-around-safely/53208-25.html

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