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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.

Ferrari 599 successor to debut at Geneva show

Ferrari has confirmed that the follow-up to the 599 Fiorano will debut at the Geneva motor show next month. The latest in Ferrari's long line of front-engine V12 GT cars, which stretches back to the 166 Inter of 1948, it's rumored to boast in the neighborhood of 700 hp. That's roughly double the power of the 365 GTB/4 pictured above, which Dan Gurney and Brock Yates famously used to cross the country in 35 hours and 54 minutes back in 1971.

India Grand Prix (2013) qualifying: Dominant Vettel takes pole for Red Bull

Sebastian Vettel (pictured) is in pole position for the Indian Grand Prix Sebastian Vettel had a chance to take the 2013 F1 drivers title in Japan, but Alonso managed to spoil that by finishing in fourth spot. But there seems little to stop Vettel taking the title in India tomorrow after a dominant display put him in pole position for tomorrow’s race. Vettel took pole by 0.752s from Rosberg with Rosberg’s team mate, Lewis Hamilton taking third spot and the second Red Bull of Mark Webber lining up in fourth.