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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.

Renault Twin’Z Concept previews 2014 Renault Twingo

The Renault Twin’Z Concept, designed by British designer Ross Lovegrove, is an electric city car previewing the 2014 Renault Twingo. The Renault Twin’Z Concept is a small, just 3623mm long, urban runaround with a small electric motor good for 67bhp and 167lb/ft of torque  and weighing in at 980kg, complete with a fairly sophisticated double wishbone suspension and relatively long wheelbase with a wheel at each corner stance. The Twin’Z is very much a concept car - designed by British designer Ross Lovegrove – and comes complete with the usual concept fripperies like electric suicide doors, cameras instead of rear view mirrors, sweeping LED lights, a solid crystal rear spoiler and big, complicated alloys.

Subaru BRZ: The Video

Subaru BRZ Video With the Subaru BRZ officially debuting at this week’s Toyota Motor Show, Subaru has released a video of the BRZ on the move. It’s hard not to feel a bit let down by the Subaru BRZ. Perhaps the quote attributed to Subaru that the BRZ would get ‘less than 300bhp’ was lost in translation, but the fact the BRZ comes with just three horses more than its cousin the Toyota FT-86 just leaves a feeling of disappointment.