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Top 3 Business Stories of the Day

After Ford Motor Co unveiled a new lightweight version of its F-150 pickup truck at the Detroit auto show on Monday, executives said the second-largest U.S. automaker may incorporate more aluminum into its other models in the future. Executive Chairman Bill Ford said to reporters after the press conference, "Obviously this is our first shot at a big volume vehicle and there's absolutely no reason why we couldn't think about taking it elsewhere." European Central Bank Governor Mario Draghi has won the inaugural Governor of the Year award for 2014 from London-based media group Central Banking. Draghi's leadership helped restore confidence in crisis-hit Europe, Central Banking said, without naming any runners-up. In accepting the award, Draghi said: "Thanks to both the ECB's actions and hard work by governments in implementing fiscal consolidation and structural reforms, conditions in financial markets have gradually eased since July 2012." After a record year for sales, plane maker Airbus aims to keep business going by focusing on space — as in more legroom, not outer. Woolly ambitions once bandied about in the aviation industry for supersonic or stratospheric flight have taken a back seat to more mundane market demands at the European manufacturer. For good reason: Business is booming, and 2013 was a record year in many ways. Airbus said Monday that it received a record 1,619 orders, and delivered a company-best 626 planes — right behind the 648 delivered by U.S. archrival Boeing & Co.

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