1954 Lincoln Mercury Service Bulletin No. 192 Copyright 1953 Advance Information on 2040-parts.com

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 owner Proton tries to quell sale rumours

The Malaysian owners of Lotus have taken the unusual step of quashing rumours circulating of an impending sale of its British sports car division. Several newspaper articles have suggested that the new owners of Proton may divest its loss-making Lotus subsidiary. The ownership structure of Proton has changed in recent weeks, after the Khazanah Nasional Berhad sold its entire stake in Proton to DRB-Hicom.

Porsche 911 (2011) first official pictures of new 991

At last, the new Porsche 911 is here. This all-new, 991-spec Porsche 911 will be unveiled at the 2011 Frankfurt motor show next month, and although you may feel like you've seen it already, that's only because a few pictures leaked out last week. What can you tell me about the new Porsche 911?