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Porsche Boxster E: Electric Boxster revealed

Porsche Boxster E - the electric Boxster Last year we reported that Porsche had plans to build a trio of electric Boxsters and send them out to play, to act as a rolling laboratory for all things ‘Electric Car’. At the time, Porsche told us the electric Boxsters would be ready ‘early next year’. Here we are, six weeks in to the New Year, and we get details of the Porsche Boxster E ahead of a reveal at Geneva in a couple of weeks.

IndyCar Hot Wheels race into stores

IndyCar-themed Hot Wheels will be hitting stores this month. The Indy Racing League and Mattel Inc., the maker of Hot Wheels, have agreed on a four-year deal that will produce a lineup of toy cars featuring teams and drivers. A 1:64-scale Hot Wheel is $4.99, with a 1:24 version that costs $24.99.

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.