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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 He's been replaced by GM President and COO Fritz Henderson, effective immediately.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.

Lamborghini supercars

By Tim Pollard 29 July 2008 12:00 As with so many supercar companies, Lamborghini was the vision of one man: Ferruccio Lamborghini. He founded it in 1962 after a successful career making tractors. The Sant'Agata Bolognese birthplace remains the company's home – and it has produced some of the greatest and most outrageous supercars of all time, giving this company equal rights with Ferrari to claim to be the world's best loved supercar brand.

Mazda Minagi concept

Mazda is set to reveal a new concept at the 81st Geneva motor show in March. Called the Minagi, the concept previews a new entry-level compact crossover, which will likely be called the CX-5 when it makes its production debut in Frankfurt later this year. The compact SUV is alleged to 'fully embrace' both Mazda’s Skyactiv technologies as well as the Kodo design language that debuted on the Shinari concept late last year.