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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.

Audi to bring more diesels to U.S. market

Encouraged by healthy U.S. demand for diesel-powered versions of the A3 hatchback and Q7 crossover, Audi will add diesel powerplants to the A8 and A6 sedans and the Q5 crossover within the next 24 to 30 months, Audi of America Inc. president Johan de Nysschen said Tuesday.

Battery breakthrough set to accelerate electric-car development

A team of scientists working at the Massachusetts Institute of Technology are claiming a significant breakthrough in recharging times for lithium-ion batteries. According to findings published in the scientific journal Nature, MIT researchers Byoungwoo Kang and Gerbrand Ceder have unlocked the potential of lithium-ion batteries by patenting a unique process which is claimed to allow a typical laptop power pack to be fully recharged in less than a minute--an improvement in recharging performance of roughly 90 percent over existing lithium-ion batteries. Lithium-ion batteries generate electric current via the flow of lithium ions across an electrolyte, from an electrode to a cathode.