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Fritz Henderson removed as GM CEO

General Motors' board of directors ousted CEO Fritz Henderson after eight months, saying it wanted to chart a new course as the biggest U.S. automaker pushes ahead with its restructuring. Chairman Ed Whitacre, 68, will succeed Henderson on an interim basis while a search for a new president and CEO starts immediately, Whitacre said at a press conference on Tuesday.

Shanghai 2013: Conference and Awards events from CDN and Interior Motives

Can Design News and Interior Motives are gearing up for our annual visit to China for a number of important events in the industry's calendar, kicking off with the 2013 Interior Motives China Conference. This year's theme, ‘Technology and tradition – old meets new in modern-day China' features a new highly interactive format guaranteed to inspire and illuminate. Last year's event – timed to coincide with the run-up to the Beijing auto show – attracted over 400 senior OEM designers and Tier supplier executives from around the world, and this one promises to be bigger and better than ever.

Volvo 13-liter liquefied-natural-gas engine announced for North America

It comes as no surprise that, with rising fuel costs, companies are continuing their efforts to increase efficiency. Volvo Trucks, for its part, plans to launch a 13-liter liquefied-natural-gas engine for North America in 2014 and is set to develop a new form natural-gas fuel called DME, or dimethyl ether. Volvo looks to add the liquefied-natural-gas option to complement its compressed-natural-gas (CNG) offerings.