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(Image from article: "Rick Wagoner, GM CEO, Will Step Down At Obama's Behest")

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GM's Opel Boots Its CEO, Girsky Now In Charge

That sound you heard from Detroit this morning was the other shoe dropping, loudly, at Opel. General Motors announced that Karl-Friedrich Stracke stepped down from his positions as GM Europe president Opel/Vauxhall CEO.

Rick Wagoner, GM CEO, Will Step Down At Obama's Behest

The Obama administration asked Rick Wagoner, the chairman and CEO of General Motors, to step down and he agreed, a White House official said.

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Peugeot Ousts Chief Executive

Peugeot Citroën's board ousted CEO Christian Streiff, saying that a change in leadership was needed to "unlock the group's potential."

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