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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.

Ford Iosis X concept car (2006): first official pictures

By Ben Barry First Official Pictures 28 September 2006 03:58 Iosis X: the lowdown Meet one of the Paris Motor Show’s most flamboyant stars: the Ford Iosis X. It’s billed as a crossover concept vehicle which builds on the genes laid down by last year’s Frankfurt star, the Iosis. The Iosis ultimately morphed into the new Mondeo, as featured in the November issue of CAR magazine (out 2 October).

Mazda2 2010 Update?

The Mazda2 from Thailand - featuring a Mazda3 style nose Does this new nose – which follows the theme of the very good Mazda3 – forecast an update for the Mazda2 in the rest of the world that hasn’t happened yet? It seems more than likely. It would be very odd for Mazda to produce the Mazda2 in Thailand with a nose that matches the Mazda3, and then leave it alone for the rest of the world.