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Whitacre leaving General Motors

UPDATED--Ed Whitacre is stepping down as General Motors Co. CEO on Sept. 1.

Kia GT4 Stinger concept: OFFICIAL – Detroit Auto Show

The Kia GT4 Stinger concept (pictured) has been revaled in Detroit Kia say the GT4 Stinger Concept – revealed at Detroit after a series of teasers ahead of the reveal – is their take on a purebred, affordable sports car. And it looks very promising. Under the bonnet of the striking GT4 Stinger sits a modified version of Kia’s 2.0 litre turbo petrol engine, which is good for 311bhp and drives the rear wheels through a six-speed manual ‘box, with a set of 20″ alloys with centre locking and carbon fibre inserts covering 15″ cross-drilled discs and four piston callipers for stopping power.

GM to keep GMC, Pontiac, exec says

A senior General Motors executive today denied reports that President Barack Obama's automotive task force has pressured the automaker to dump GMC and Pontiac. Company sales chief Mark LaNeve also denied rumors that GM plans to terminate the franchise agreements of poorly performing dealers before June 1 to accelerate its dealership consolidation campaign. "The strategy we laid out for you [in February] is still the strategy," LaNeve, GM's vice president of vehicle sales, service and marketing, said today in an interview with Automotive News.