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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.

2011 Nissan GT-R: GT-R EGOIST & GT-R Club Track Editions added

2011 Nissan GT-R - arrives in February 2011 It may be that Nissan are following the Porsche 911 school of car updates by making endless changes to a car that ends up looking the same – the 2011 Nissan GT-R. But they also seem to be heading relentlessly down the 911 route in terms of model variations too. For 2011 there are two new models – the EGOIST and the Club Track edition, which we didn’t know when we first reported details of the 2011 GT-R in August.

Mini may drop Paceman, Coupe, and Roadster

Mini may discontinue the Paceman, Coupe, and Roadster models as it seeks to trim its lineup, following the introduction of the third-generation Mini Cooper three-door Hardtop. Instead, the company plans to focus on three "pillar" models: the Hardtop, the Countryman, and the Clubman. The third model, the Clubman, is technically still speculative as the company presented a Clubman only in concept form at the Geneva Motor Show last week, but given the amount of real-world testing of Clubman prototypes observed, coupled with the production-ready appearance of the Clubman Concept, this model is virtually assured to reach production in its current form.