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GM to cut 14% of global salaried workforce this year

General Motors, facing a Feb. 17 deadline to show the government it's a viable company, said on Tuesday it will cut 14 percent of its salaried jobs globally by the end of the year and slash the salaries of many who remain. Salaried employment will drop to 63,000, from 73,000, the company said in a statement.

GM looks to drop some weight with magnesium

Like many Americans, carmakers are on a continuing quest to lose weight. Less weight, which equals better fuel economy without a loss in performance, is a key selling point in dealerships. Weight loss is a key factor for two upcoming launches from General Motors--the redesigned full-size pickups and SUVs, and the redesigned 2014 Chevrolet Corvette.

CAR magazine’s Most Wanted cars of 2014: the complete 20

By the CAR editorial team First Official Pictures 23 January 2014 15:20 From superminis to hybrid supercars, 2014 is set to be a real treat for car-lovers, as the industry continues its fight against recession, eco-fears, and Generation Y’s apparent disillusionment with the automobile. There’s a wealth of stunning new metal on the way this year, and CAR has prepared previews of the top 20 hottest vehicles coming your way in the next 12 months. Follow the links below to check out each of our ‘Most Wanted of 2014’ reports, featuring first drives, development insight and technical specs of all of the cars we can’t wait to get behind the wheel of in 2014.