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General Motors CEO Rick Wagoner out, replaced by COO Fritz Henderson

General Motors chairman and CEO Rick Wagoner has agreed to "step aside" after pressure from the Obama administration last week, ending his eight-year tenure at the helm as the company seeks additional federal aid. He's been replaced by GM President and COO Fritz Henderson, effective immediately. GM confirmed the moves shortly after midnight Monday.

Zhong Boguang: China's first generation auto designer

Zhong Boguang is one of the first designers to emerge in a country that has seen its importance augment considerably in recent times. But well before China became the biggest market for motor vehicles in the world, Boguang was obsessed with the pursuit of his car design dreams. During his 34-year career, he was involved in and witnessed the development of the Shanghai Automotive Industry Corporation (SAIC), served as chief designer for China's first rotary engine cars and MPVs, been the design manager for the technology center in the first domestic automotive joint venture, and was the first person to launch strategic research in domestic automotive design.

The Caterham Seven is coming to the United States, legally

Fans of no-frills, no-nonsense motoring, rejoice: The Caterham Seven is coming to the United States, legally -- some assembly required. Caterham says Irvine, Calif.-based Superperformance is the automaker's official U.S. distributor as of Jan.