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 He's been replaced by GM President and COO Fritz Henderson, effective immediately.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

Lotus Evora at the London motor show 2008

By James Foxall and CAR reader reporter Jacomoseven Motor Shows 23 July 2008 01:43 Lotus will call its new 'Project Eagle' 2+2 sports car the Evora, it announced today at the London motor show. And whatever you think of the name, the new Lotus Evora was one of the undisputed stars of the show – and one of the few genuine global debuts. What’s new on Lotus’s London motor show stand?Pulling in crowds of expectant photographers and cameramen like you get at Europe's upper-echelon motor shows, the launch of the Evora gave this motor show a feeling of old-school glamour, not seen at a British expo for the past decade.

Jaguar XF Sportbrake NOT going to the U.S. – NO V8, no 4WD

Jaguar XF Sportbrake - not going to the US The new Jaguar XF Sportbrake – revealed yesterday and heading for Geneva – will not be sold in the U.S. and there will be no V8 or 4WD versions. We finally got the reaveal of the Jaguar XF Sportbrake yesterday after months of tease, and a good-looking, well thought out estate it seems to be.