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Honda CR-Z Mugen (2010) first official pictures

Since its conception, Honda has been trying to persuade us that its CR-Z isn't merely a woolly hybrid but is in fact a proper sports car. As if to prove the point, Honda has announced that Mugen-fettled versions of the hatch are to be released for the British market. Recently making a splash in the UK with their banzai track-focused version of the Civic Type R, Mugen started in 1973 and specialise in building and tuning Hondas.

New recalls hit 2.7 million GM vehicles, from Corvettes to Saturns

General Motors is recalling 2.7 million U.S. cars and trucks for problems ranging from flawed taillamps and windshield wipers to brake problems, in an escalation of the safety crisis that has enveloped the company for months. GM said today it expects to book up to $200 million in charges in the second quarter to cover the cost of recalls during the period.

Porsche CEO likely to bow to pressure to leave, report says

Porsche CEO Wendelin Wiedeking is likely to bow to pressure from the Porsche family to step down, a German newspaper report said on Wednesday. Business daily Handelsblatt said that the two parties had already reached agreement that the chief executive should go and that a formal decision could come by Thursday, when the company's supervisory board meets. The newspaper also said, however, that Wiedeking would fight to keep his job.