Honda Prop Shaft 41161-zw1-b02 on 2040-parts.com

Former General Motors CEO nets multimillion-dollar retirement package

Former General Motors CEO Rick Wagoner will officially punch out on Aug. 1 with a compensation package worth almost $8.6 million over the first five years. The deal is significantly lower than what he could have received; it would have been $23 million at the end of last year, Reuters reports.

Mazda suspends U.S. dealer orders for Japan-built models

Mazda Motor Corp. on Friday suspended U.S. dealer orders for vehicles made in Japan, as it prepares to shutter plants again after a brief reopening.

Renault/Lovegrove Studio Twin'Z concept

The Renault Twin'Z concept is a collaborative project with British designer Ross Lovegrove, filling the fifth stage in Laurens van den Acker's 'lifecycle' – Play. It's currently on display at the Milan Salone. Essentially previewing the all-new, rear-engined Twingo co-developed with Daimler, the Twin'Z takes this relatively humble city car and, thanks to the input of Lovegrove, it appears to have taken on an organic nature, which shouldn't be unexpected to those familiar with his work.