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 He's been replaced by GM President and COO Fritz Henderson, effective immediately.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

Mercedes GLA Concept: OFFICIAL

Aimed at cars like the BMW X1 and Audi Q3, the GLA is a good-looking compact SUV that carries much of what’s good about the new A-Class, raises its ride height, adds a few butch bits and creates a car that will probably have more appeal for owners of the old A-Class than the new A-Class does. The GLA heading for the Shanghai Motor Show sports a 2.0 litre turbo with 208bp, 4MATIC and a 7G-DCT gearbox – which we guess makes it a GLA 250 – and sports something new – laser headlights that function as projectors. The GLA features a pair of cameras on the front of the roof rails that can take 3D HD images and can be removed if you want to use them for mountain biking or jet-skiing or whatever floats your sporty boat.

Lotus Elise Club Racer Launched

The Lotus Elise Club Racer Lotus may have plans to be the next Aston Martin, but for now it’s stuck with an Evora that’s not selling as well as it should and an Elise that is basically the same as the car that launched a decade ago. The plan with the Evora – apart from the rather odd move of getting Mansory to tart up an Evora – is to get the Germans in to give the Evora’s interior some class. As for the Lotus Elise, all there really is to do – because it has a hard-core clientele anyway – is to divvy up the odd special.