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GM's Henderson says no decision yet on bankruptcy
Fri, 17 Apr 2009General 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.
VW Polo Blue GT: Geneva 2012
Tue, 06 Mar 2012VW Polo Blue GT Volkswagen has revealed the VW Polo Blue GT, a performance Polo with a 1.4 TFSI engine but with eco credentials. The VW Polo Blue T seems to be an oxymoron; can you have an eco performance car? VW certainly thinks so and has revealed the Polo Blue GT with BlueTechnology and a decent turn of speed.
Mazda wins 2008 LA Design Challenge
Tue, 25 Nov 2008The Mazda Kaan concept has won the fifth annual LA Design Challenge competition, part of the Design Los Angeles automobile designer's conference. The award was presented during the second press day of the 2008 Los Angeles Auto Show, following a designers' luncheon and keynote speech by Daniel Simon, visionary futurist and author of Cosmic Motors. As we reported last month, nine local Southern California design studios entered the competition to envisage how motor sport vehicles might be in the year 2025, answering the theme ‘Motorsports 2025'.