Fox Racing Chest Protector Proframe Small Medium on 2040-parts.com

New recalls hit 2.7 million GM vehicles, from Corvettes to Saturns

General Motors is recalling 2.7 million U.S. cars and trucks for problems ranging from flawed taillamps and windshield wipers to brake problems, in an escalation of the safety crisis that has enveloped the company for months. GM said today it expects to book up to $200 million in charges in the second quarter to cover the cost of recalls during the period.

General Motors CEO Rick Wagoner out, replaced by COO Fritz Henderson

General Motors chairman and CEO Rick Wagoner has agreed to "step aside" after pressure from the Obama administration last week, ending his eight-year tenure at the helm as the company seeks additional federal aid. He's been replaced by GM President and COO Fritz Henderson, effective immediately. GM confirmed the moves shortly after midnight Monday.

Carl-Peter Forster a candidate to lead Jaguar Land Rover

Jaguar Land Rover is parting company with its chief executive, David Smith, potentially clearing the way for former Opel and BMW boss Carl-Peter Forster to take control. Forster has been linked with a senior role at Jaguar Land Rover for some months. Executives at Indian automaker Tata Motors, which bought the British brands from Ford in 2008, were rumored to have been taking soundings on whether Forster was the right man for job.