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Remember this day in GM history: The next century of automotive success starts now

President Obama's administration made history today with what some see as nothing short of government meddling in the affairs of big business. What I see is something else: I see the administration showing that it is serious and raising the level of concern from yellow to orange. Now there is a firm deadline and a message to bondholders, United Auto Worker union members and the American public: Do not be surprised if in the next 30 days--or even sooner-General Motors files for a controlled bankruptcy.

Aston says One-77 prototype hits 220-mph mark

Aston Martin's One-77 supercar looks fast--and it goes fast. The British luxury-car maker says a prototype of the One-77 notched 220.007 mph during testing in southern Europe. The speed mark was set in dry and windy conditions.

Jaguar XFR-S arrives ahead of LA debut

The Jaguar XFR-S – Jaguar’s most powerful saloon car to date – has leaked out ahead of its debut tonight at the Los Angeles Auto Show. We’re hoping that Jaguar has managed to bestow extra power on the very appealing XFR without wrecking the stuff that makes Jaguar saloons so appealing – the dynamic/ride balance – which, if they have, will make the XFR-S a more appealing bonkers sports saloon than the German offerings. The promise is all there with a new butch front end, a more aggressive body kit, chunks of carbon fibre, a huge rear wing for extra downforce, a new diffuser at the back, stiffer springs, a new rear subframe with stiffer bushes, a tweaked active diff and a tweak of the stability control for more fun.