Tuesday, April 19th, 2011Ray Wert4/19/11 9:00amFiled to: Morning ShiftThe Morning ShiftTmsTop521EditPromoteShare to KinjaToggle Conversation toolsGo to permalinkThis is the Morning Shift, our one-stop daily roundup of all the auto news that's actually important — all in one place at 9:00 AM. Or, you could spend all day waiting for other sites to parse it out to you one story at a time. Isn't your time more important?1st Gear: The U.S. Treasury could sell a big chunk of its remaining 33% stake in General Motors in the summer or fall, a person with knowledge of the matter said on Monday, although doing so may lead to more losses for it on the automaker's bailout. No decision has been made yet on the exact timing or size of such a sale, two sources with knowledge of the matter said. If the sale happens, it all but makes certain that U.S. taxpayers won't be making their money back. Oh, we also probably are getting completely screwed on those bank loans too.2nd Gear: Kia is developing a four-door sedan version of the new Rio supermini, dubbed K2 and revealed today at the 2011 Shanghai Auto Show. The B-segment sedan is designed and engineered by Kia and its Chinese JV Dongfeng Yueda Kia specifically for the Chinese market, and will begin production at DYK's manufacturing facility in Jiangsu in June. I'm sorry, I still snicker when I hear the name "Dongfeng." I really need to grow up. Anyway, this looks seriously attractive — like, Civic-killingly attractive. It's like a Kia Optima bedded the dark lord of supermini-sexy and they had a child. Now, if they build a hatchback with some added power to make those front wheels skitter like a rabies-mad squirrel running on a tile floor we might actually grow jealous over this little shitbox. Perish the thought.3rd Gear: Bugatti will launch the 16C Galibier limousine shown in 2010 as a concept car, the new president and CEO Wolfgang Durheimer has confirmed to UK's CAR magazine. The Galibier will eventually be part of a two-model Bugatti range, meaning there's life in the hypercar brand post-Veyron. In a wide-ranging interview in the new May 2011 issue, Durheimer revealed that the Galibier would carry over the Veyron's monstrous W16 engine and transmission, but that Bugatti is developing a hybrid option to make sure its big limo retains social acceptability. What? Seriously, that's just the worst logic I've ever heard. God do I hate mass marketing hybrids.4th Gear: This is Volvo's Concept Universe, the first look at the company's future direction under Chinese ownership. Unveiled this morning at the Shanghai motor show, the Universe is described by Volvo as a "large, luxurious sedan with a new human-centric design language that honours the beautiful lines of classic Volvo models". The Concept Universe also offers "a sneak preview of what people can expect from our next top-of-the-line sedan". So, basically, Volvo chief designer Peter Horbury has made a car that'll look beige and, umm, kind of like the Ford Interceptor concept from 2007. Seriously, that's the Interceptor right there — if it'd been born a Volvo. Just squint a little and you'll see it too. I swear.