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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.

Aston Martin One-77 (2009) wins top design prize at Villa d’Este

By Tim Pollard (photography by Mike Goodbun) First Official Pictures 27 April 2009 10:39 It’s having a long drawn-out gestation, but Aston Martin’s One-77 supercar made its world show debut at this weekend’s Villa d’Este, where it scooped the top prize for concept cars and prototypes. We’ll forgive you if you thought the One-77 had already been unveiled, but the car at Geneva was a technical cutaway rolling chassis – the first finished car is the one show in our photos above. The One-77 won more than 30% of the votes among the eight cars entered in its category.

Mercedes CLC (2008): first official pictures

By Ben Pulman First Official Pictures 27 January 2008 18:00 This is Mercedes’ new CLC, only it's not quite so new. Underneath it’s really the old Sports Coupe with a nose from the C-class grafted on to give it more modern engines and help it pass the latest crash regulations. In fact, the new CLC has exactly the same wheelbase (2715mm) as the old Sports Coupe, and the same size boot. Money.