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General Motors CEO Rick Wagoner to quit, reports say
Sun, 29 Mar 2009General 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.
Aston Martin V12 Vantage S works out at Silverstone
Mon, 21 Oct 2013We dove deep into the 2015 Aston Martin V12 Vantage S last Monday, finding the car to be explosive off the line, but also more comfortable thanks to its new electronically controlled adaptive suspension. On Friday, Aston uploaded almost seven minutes of footage of the new brawler at the Silverstone Circuit in England. If you'll remember, the new Vantage delivers 565 hp from its 6.0-liter V12, along with 457 lb-ft of torque at 5,750 rpm.
Concept Car of the Week: Ford Ghia Focus (1992)
Fri, 30 May 2014As far back as the 1960s, Luigi Colani was preaching about organic design, and the 'biodynamic' forms that eventually became his signature. However, organic design didn't gain widespread popularity among car designers until the late 1980s and early '90s, and no car paid a greater tribute to nature and its forms than the Ghia Focus. Designed entirely by Taru Lahti only two years after graduating, the concept was a real breakthrough for the usually conservative American brand.