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Chevrolet to sell Spark minicar, EV version in U.S.; new TrailBlazer SUV planned

UPDATED--General Motors Co. said Wednesday it plans to introduce a pure electric version of the Chevrolet Spark in select U.S. markets.

Los Angeles, Miami on 2014 Formula E schedule

Today Formula E, the open-wheel world championship for electric cars sanctioned by the FIA, released a preliminary list of eight cities across the globe where races will be held: London, Rome, Los Angeles, Miami, Beijing, Putrajaya (Malaysia), Buenos Aires and Rio de Janeiro. Rome and Rio de Janeiro had been announced earlier, but the rest of the cities are new to the schedule. All courses will be run on city streets in downtown locations accessible to public transportation, according to a release by Formula E Holdings, the organization putting on the series.

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.