Rundgren to replace Ocasek in Cars redux

Via Reuters:

NEW YORK (Billboard) - Cars principals Elliot Easton and Greg Hawkes are teaming with veteran singer/songwriter Todd Rundgren in a new incarnation of pioneering new wave rock act the Cars, which will tour and possibly record an album next year. Rundgren will step in for Cars frontman Ric Ocasek, who has no plans to participate in the project. Cars bassist/vocalist Ben Orr died of cancer in 2000.

Never a big Cars fan, but we've seen more Rundgren concerts, mostly w/Utopia, than any other artist.