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.

Lotus Evora Facelift? No, it’s the Lotus Evora Mansory

The Lotus Evora by Mansory - NOT an Evora facelift The Interwebs have had a little buzz these last few days about a facelift for the Lotus Evora. It seems the rumourmill was convinced that Lotus were about to make the Evora a bit sharper looking so it better fitted the aspirations of Dany Bahar to make Lotus the East Anglian Aston Martin. But we weren’t too sure.

Chrysler moves design boss Ralph Gilles to lead new SRT brand

Chrysler Group on Tuesday shuffled the heads of its vehicle brands, placing design chief Ralph Gilles in charge of the newly created Street and Racing Technology (SRT) brand while handing his duties as head of the Dodge brand to Reid Bigland. The move is a way of getting all of the automaker's SRT efforts together under one leader, spokeswoman Shawn Morgan said. Gilles, 41, will still be in charge of Chrysler's motorsports activities and the design for Chrysler, Dodge, Ram and Jeep vehicles.