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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 He's been replaced by GM President and COO Fritz Henderson, effective immediately.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.

Mayor warning over London cycling protests

SAFETY protests sparked by the deaths of six cyclists on the streets of the capital risk scaring people off switching from cars to bikes altogether, London mayor Boris Johnson will warn today. Mr Johnson will urge "more careful" language, suggesting pro-cycling campaigners could jeopardise the push to boost bike use by concentrating on recent fatalities when overall numbers were not up. Mr Johnson - addressing a safety summit bringing together cycle and haulage groups - will hail a £913 million investment in safety measures but urge people not to expect instant results.

Skoda Rapid launches in India. Is this the Skoda MissionL for Europe?

Is the Skoda Rapide for India the MissionL Concept from Frankfurt? Skoda revealed the MissionL Concept at Frankfurt last month, a Skoda aiming to plug the gap between the Fabia and Octavia. At the time we commented that the MissionL could turn up in India before it did in Europe, and it looks like it has – as the new Skoda Rapid.