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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.

GM's Henderson: Future rests on Chevy, Cadillac, Buick and GMC

General Motors will go to market with four core brands in the future: Chevrolet, Cadillac, Buick and GMC. Pontiac will be shrunk "significantly," a senior GM executive told the Automotive News World Congress. GM COO Fritz Henderson said that GM is conducting a strategic review of its Saab and Hummer brands and that the "status quo" for the Saturn brand will not work.

McLaren MP4-12C Sets 7.28:00 at Nurburgring +video

McLaren MP4-12C sets a time at the Nurburgring We’ve had a spate of claims for lap records at the Nurburgring by production cars, and the latest to play the game is the McLaren MP4-12C, with McLaren claiming a time of 7.28:00. The last shenanigans we had with Nurburgring records was with the Dodge Viper SRT10 ACR setting a Nurburgring time of 7:12.13 which, although very quick – and claimed as a Nurburgring record – wasn’t actually a record at all. Although we do have sympathy with our colonial cousins who believe its validity is greater than that of cars like the Radical.