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Former General Motors CEO nets multimillion-dollar retirement package

Former General Motors CEO Rick Wagoner will officially punch out on Aug. 1 with a compensation package worth almost $8.6 million over the first five years. The deal is significantly lower than what he could have received; it would have been $23 million at the end of last year, Reuters reports.

Citroen DS3 hits 200,000

The upmarket Citroen C3 – the very appealing Citroen DS3 – has hit the 200,000 production mark this week, a little over 2 years from launch. But we had to do a complete volte face when we finally had the new Citroen DS3 in for review – it’s an absolute cracker. In fact, so impressed were we with the DS3, we thought it probably the best car we’d had in during 2010, something Top Gear ended up agreeing with us on when they made it their car of 2010.

Government to trial electric cars

Cabinet ministers could soon swap their luxury limousines for electric vehicles, in a bid to set an eco-friendly example. A Whitehall source told the London Evening Standard that electric car trials are likely to start as soon as spring. On Bing: see pictures of electric cars Find out how much a used electric car costs on Auto Trader London currently boasts a network of 800 charging points – but three out of four went unused in 2012.