1993-2002 Trans Am, Firebird Left Ground Effect (black) on 2040-parts.com

EyesOn Design Awards 2014 presented in Detroit

The winners of the EyesOn Design Awards have been announced in COBO Hall at the end of the second press day of the 2014 North American International Auto Show in Detroit. More than 30 competition judges, who are active or retired heads of design at automotive manufacturers and chairs of transportation design education programs, declared the Ford Mustang the ‘Best Production Car'. The 2015 model, relaunched in time for the model's upcoming 50-year anniversary, is instantly recognizable as a Mustang, retaining similar proportions to the outgoing model but with a more sculpted and sophisticated silhouette.

General Motors CEO Rick Wagoner to quit, reports say

General Motors CEO Rick Wagoner is about to resign after eight years as the Obama administration prepares to decide on the automaker's request for additional government rescue loans, two people familiar with the matter said. A senior Obama administration official told NBC's John Yang that Wagoner, 56, was asked to step down by the White House. The automaker, which has lost about $82 billion since 2004, awaits word Monday from President Obama on a request for as much as $16.6 billion in additional U.S.

Nissan holds the sticker price steady on its 2012 Versa hatchback

Nissan said on Monday that the sticker price for the base version of the 2012 Versa hatchback will be the same as that of the 2011 model--$15,140, including shipping charges. The 2012 Versa S hatchback comes standard with a six-speed manual transmission. A four-speed automatic adds $1,000 to the sticker.