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Obama sought Ghosn to run GM, ex-car czar says

The Obama Administration initially wanted Nissan-Renault CEO Carlos Ghosn to run GM after Rick Wagoner was ousted in 2009, and repeatedly pressed Fiat to put up cash for a stake in Chrysler, according to an upcoming book about the government bailout of General Motors and Chrysler. Steven Rattner, President Obama's auto adviser who steered the government's $85 billion bailout of GM and Chrysler, is about to publish a tell-all account about his six-month stint inside the White House. The Detroit News, Washington Post and Huffington Post obtained draft copies of the book--"Overhaul: An Insider's Account of the Obama Administration's Emergency Rescue of the Auto Industry." It is scheduled to be published Oct.

BMW 1 Series M Coupe Video tease

The BMW 1 Series M Coupe starts to undress There was endless speculation about an ‘M’ version of the BMW 1 Series. No one listens to BMW on things like this because they always protest that an M car won’t happen and then go ahead and build one anyway. And who can blame them?

New York Auto Show 2008 blog

By Liz Turner Motor Shows 21 March 2008 12:11 In the early 1970s, muscle cars hit the wall of emissions regulations and disappeared for decades. At the New York Auto Show, there was a sense of déjà vu. Dodge had its Challengers, Pontiac launched its G8 GXP and Sport Truck and Chevrolet, although still waiting for the Camaro had the Corvette ZR1.