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Ford electrifies the Focus

Don't be fooled by the Aston Martin-like grille and the stretched headlights--the Ford Focus electric has some serious green-car ethos. The Focus five-door hatch will be Ford's first-ever all-electric passenger car when it launches in late 2011. It can travel at speeds up to 84 mph and takes three to four hours to charge on a 240-volt outlet.

Mercedes-Benz E-classAMG for the racing family man (or woman)

Say you need a practical, roomy luxury sedan to use as a family car or for hauling business associates to big lunch meetings. But when no one's in the car with you, or when those present appreciate a nicely sliced apex as much as you do, you would really like something that can rise to the occasion. You have what we call a conundrum.

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.