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Embattled Wagoner forced to quit as GM boss

By Ben Pulman Motor Industry 30 March 2009 11:34 Rick Wagoner has been forced to step down as General Motors chairman and CEO by US President Barack Obama, as a condition of the beleaguered automaker continuing to receive state aid. Wagoner was meeting with US government officials on Friday when the request was made for him to ‘step aside’. Wagoner had been GM president and CEO since 2000, and chairman since 2003 – his resignation ends a 31-year career with a company.

Korean Grand Prix (2012) RESULT

With the Red Bull of Mark Webber on pole and Sebastian Vettel alongside, could Vettel take the lead in the driver’s championship in Korea? Last year, Sebastian Vettel took the win in Seoul, and this year it’s a second place on the grid for Vettel as he strives to overtake Alonso in the race for the drivers’ championship, with Mark Webber sitting on pole. After Vettel’s display in Japan in the last race, and a clear edge over the rest of the fields in qualifying in Korea, it was no surprise to see the Red Bulls go clear from the start, with Vettel getting the jump on Webber and heading off in to the sunset for a clear win – despite a few tyre traumas near the end – with Webber riding shotgun for a solid second place.

Volkswagen 'will build the XL1' - Piech

Volkswagen will build the radical 313mpg XL1 eco cigar in 2013, Ferdinand Piech revealed at the Qatar motor show. In an interview with Automotive News, the VW chairman said: 'We want to go into series production with this car starting in 2013.' He insisted it would go on sale to real people, not just as media demonstrators. And VW chief exec Martin Winterkorn added the XL1 would be sold in Europe first, then be rolled into the US and Chinese car markets.