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Fritz Henderson removed as GM CEO

General Motors' board of directors ousted CEO Fritz Henderson after eight months, saying it wanted to chart a new course as the biggest U.S. automaker pushes ahead with its restructuring. Chairman Ed Whitacre, 68, will succeed Henderson on an interim basis while a search for a new president and CEO starts immediately, Whitacre said at a press conference on Tuesday.

2013 Mercedes SLS Electric Drive: Paris 2012

The electric SLS – the Mercedes SLS Electric Drive – has been shown at Paris 2012 ahead of a 2013 launch. Mercedes are billing the electric SLS as the most powerful production electric car in the world, and with an output of 740 horses from its four electric motors – one at each corner – that’s no surprise. That output – and a torque figure of 738lb/ft – makes the electric SLS a whole heap more powerful than its ICE counterpart and allows it to get to 62mph in 3.9 seconds.

Ghosn wants to expand Daimler ties; calls alliance a ‘powerhouse'

With chatter swirling about potential expansion of the Renault-Nissan alliance, CEO Carlos Ghosn on Thursday put his support directly into expanding the automakers' relationship with Daimler AG. “We know we have a powerhouse,” Ghosn said in a media roundtable at the Paris auto show. “When you add the R&D of Renault, Nissan and Daimler, we are the largest in the industry,” Ghosn said.