Toyota Matrix

Toyota unveiled the second-generation Matrix at the 2007 Specialty Equipment Market Association (SEMA) show last week. Based on the Corolla sedan, the sporty five-door 'crossover' has been totally redesigned for the 2009 model year. Development of the new Matrix focused on svelte exterior styling with enhanced interior utility and improved performance.

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 He's been replaced by GM President and COO Fritz Henderson, effective immediately.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

Peugeot Exalt Concept at the Paris Motor Show in Euro-Spec

The European version of the Peugeot Exalt Concept With the Paris Motor Show now looming (just four weeks away) car makers are starting to reveal new cars and new concepts heading for the French capital. Today it’s the turn of Peugeot to reveal an updated version of the Exalt Concept we saw at the Beijing Motor Show in April. The Peugeot Exalt Concept is Peugeot’s next step on from the Onyx Concept, showcasing many of Peugeots’ future design cues and technology all wrapped up in a swoopy coupe saloon that sadly will never see the light of day as a production model.