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Embattled Wagoner forced to quit as GM boss

By Ben Pulman Motor Industry 30 March 2009 11:34 Rick Wagoner has been forced to step down as General Motors chairman and CEO by US President Barack Obama, as a condition of the beleaguered automaker continuing to receive state aid. Wagoner was meeting with US government officials on Friday when the request was made for him to ‘step aside’. Wagoner had been GM president and CEO since 2000, and chairman since 2003 – his resignation ends a 31-year career with a company.

Jaguar C-X16 gets a name today (and it won’t be Jaguar XE)

The Jaguar C-X16 gets a production name today Jaguar will reveal the name for the C-X16 to day at the New York Auto Show  - and it won’t be XE - signalling the way forward for Jaguar nomenclature. Update: It’s the Jaguar F-Type! Last week Jaguar told us they had some exciting news to reveal at the New York Motor Show and, although we’d hope for a nice new Jaguar reveal, it looks like the news will be the production name for the Jaguar C-X16 and the news it will arrive in showrooms in 2013 first of all as a roadster.

Audi set to buy Ducati for $1.1 billion

News wire reports in Europe on Tuesday said Audi is poised to buy Ialian motorcycle maker Ducati from owner Investindustrial for about $1.1 billion (860 million euros). Audi has reached an agreement with Investindustrial to buy the maker of luxury motorbikes, with VW's supervisory board set to approve the deal on Wednesday, said a person familiar with the details, who declined to be identified discussing the private negotiations. Audi and Investindustrial declined to comment.