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General Motors CEO Rick Wagoner to quit, reports say

General Motors CEO Rick Wagoner is about to resign after eight years as the Obama administration prepares to decide on the automaker's request for additional government rescue loans, two people familiar with the matter said. A senior Obama administration official told NBC's John Yang that Wagoner, 56, was asked to step down by the White House. The automaker, which has lost about $82 billion since 2004, awaits word Monday from President Obama on a request for as much as $16.6 billion in additional U.S.

Peugeot RC hybrid concept

Peugeot is poised to reveal the latest in its ‘RC' range of concept cars at the Paris Motor Show in October. Continuing on from the RC Spade and RC Diamond concept cars unveiled at the 2002 Geneva Motor Show, the as yet unnamed concept also follows on from the 908 RC V12 diesel concept of 2006. Designed by a team led by Peugeot head of design Jérôme Gallix, the four door, four seat sedan is claimed to be an accessible and versatile eco-efficient GT coupé.

Top Gear Three Wise Men cars off to Beaulieu

The Top Gear Three Wise Men Cars are now on display at Beaulieu That didn’t take long. Despite the Top Gear Christmas ‘Three Wise men’ Road trip only airing on the Beeb yesterday – and the whole Top Gear Iraq to Bethlehem episode only being filmed in October – it’s been revealed that the cars that starred in the Christmas Special have already found their way off to the World of Top Gear exhibition at Beaulieu. The whole ‘World of Top Gear’ at Beaulieu is a ‘must-see’ for the proper Top Gear anorak, with everything from a recreation of the Top Gear Studio – including the Cool Wall – to a collection of cars from some of Top Gear’s most ambitious challenges over the years.