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GM's Henderson says no decision yet on bankruptcy

General Motors CEO Fritz Henderson said today the company has not decided whether to file for bankruptcy protection, but that preparations continue in case such an action is necessary. "We have until June 1, and if we can't do it between now and June 1 then we do it in bankruptcy," Henderson said during a morning teleconference with journalists. Still in his first month at the helm after the March 30 departure of CEO Rick Wagoner, Henderson said he wasn't sure who would make the decision.

BMW M Performance Automobiles Geneva 2012 launch

BMW X6 M50d - likely to one of the first BMW M Performance Division cars BMW has announced that they are to create a new division of cars -  BMW M Performance Automobiles – to sit below BMW M. This week is the Detroit Auto Show, but car makers are already releasing details of their offerings for the next car show at Geneva in March. Today, BMW has joined that list by announcing they will launch the  BMW M Performance Automobiles division at the Spring show.

Jaguar at Le Mans – the Cat returns

Jaguar returns to Le Mans for 2010 (click for bigger image) 2010 marks the 75th anniversary of Jaguar and a close look at the state of Jaguar after so long in the business of making cars sees it in better shape than at any time for the last forty years. The current range of cars – soon to be joined on the road by the new Jaguar XJ – is the best on offer for a generation, and there’s a new feel about Jaguar; confident; forward looking; innovative. Jaguar is quickly become a desirable marque once more, and the future plans for Jaguar seem set to cement that growing feeling.