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GM EN-V concepts (w/ Gallery)

General Motors, and its Chinese partner SAIC, revealed three two-seat personal mobility concepts in Shanghai today. Called the EN-V – an acronym for Electric Networked-Vehicle – the Xiao (Laugh), Jiao (Pride) and Maio (Magic) models embody different characteristics for future transportation. The Jiao (top image) was designed at GM Europe while the Miao (bottom left) was created at GM's Advanced Design Studio in California, and the Xiao (bottom right) was designed by GM Holden's design team in Australia.

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.

Mercedes at 2012 Goodwood Festival of Speed: Historic racers, AMG & lots more

Mercedes at 2012 Goodwood Festival of Speed Mercedes plan to put on a show at the 2012 Goodwood Festival of Speed with historic F1 cars, AMG, historic cars and much more. The 2012 Goodwood Festival of Speed is now only a little over three months away, and car makers are starting to reveal what plans they have for what is quite possibly the best pertrolhead experience in the world. Mercedes are offering a cornucopia of delights for the 2012 FoS and are taking the opportunity to bring along their latest offerings as well as plenty of stuff from their back catalogue, and the two collide in the 2012 Mercedes SL as Mercedes celebrate 60 years since the W194 300 SL and 75 years since the 1937 W125 Tripoli Grand Prix car.