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Remember this day in GM history: The next century of automotive success starts now

President Obama's administration made history today with what some see as nothing short of government meddling in the affairs of big business. What I see is something else: I see the administration showing that it is serious and raising the level of concern from yellow to orange. Now there is a firm deadline and a message to bondholders, United Auto Worker union members and the American public: Do not be surprised if in the next 30 days--or even sooner-General Motors files for a controlled bankruptcy.

Roewe 950

SAIC has released details and images of the production version of its new Roewe 950, which will make its world debut at this month's Beijing International Motor Show. The Roewe 950 will be the flagship product of SAIC's range. The new sedan is the creation of both SAIC Design and Pan Asia Automotive Technology Center (PATAC) and is a substantial reworking of the Buick LaCrosse.

Audi develops new A2; plans for U.S. unclear

Audi is developing a reincarnation of the A2 small car that will slot between the A3 and the A1 minicar introduced in Geneva last week. "There's clearly room for another product and another concept between the A3 and A1," Audi CEO Rupert Stadler said on the sidelines of the Geneva auto show. Michael Dick, Audi's board member for technology, said in an interview that the company's push to add electric variants will play a role with the next-generation A2 "in the near future." The German media have reported that the A2 is expected by 2014.