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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.

Lotus appoints Mansory as official car customiser

Lotus appoints Mansory to customise their cars Lotus has teamed up with car customiser Mansory to create custom versions of its Exige, Elise and Evora. Car makers in the upper echelons have customers who want to make their car more individual than a regular options list can manage. So they either have their own in-house bespoke service – like Ferrari’s Tailor Made – or they appoint an official customiser.

World Health Organization condemns diesel exhaust as Class 1 carcinogen

News flash: Diesel exhaust is bad for you, particularly if you're a miner. Following eight days of deliberation, the World Health Organization's cancer-research board has named diesel exhaust a Class 1 carcinogen. The finding puts the fuel in the same category as asbestos.