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Ralph Lauren's car collection does Paris

Spring has sprung across much of the country, meaning heavy flannels now give way to white polo shirts--many of which will be crested with the familiar emblem of Ralph Lauren on the front. While we at One AutoWeek Tower prefer greasy T-shirts and ripped jeans, collared apparel does have its place. In that vein, Lauren's fabled car collection is taking center stage at a Paris art museum, and the exhibit will run through Aug.

Porsche unveils Carrera 4 and 4S Coupe and Convertible (2008)

By Ben Whitworth First Official Pictures 26 June 2008 11:54 Following on from the new 911 driven earlier this month, Porsche has expanded the line-up with the new all-wheel drive Carrera 4 and 4S, both in coupe and convertible form. And like the standard rear-drive Carrera, the 4 and 4S hides it’s new tech under its same-again styling – badging aside, only the 44mm wider rear haunches and that reflective band between the rear lights distinguish the two and four-wheel variants. Well, there’s an all-new four-wheel drive system, for starters.

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.