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Red-hot VW Golf R400 is headed for production

If you thought the Volkswagen Golf R400 concept displayed at the Beijing auto show seemed suspiciously like a real product -- you know, one you'll someday be able to buy rather than something trotted out to tease the world's enthusiasts -- you were on to something. VW says a production version of the car is in the works. We should clarify: We didn't get confirmation of that, exactly.

GM expands recall for deadly ignition issue

GM is expanding its ignition recall from earlier this month to include 2003-2007 model year Saturn Ions, 2006-2007 Chevy HHRs and 2006-2007 Pontiac Solstice and Saturn Sky models. The total number of cars affected in the U.S. has reached 1,367,146.

GM officially bankrupt

GM finally enters Chapter 11 Bankruptcy The US Government is to provide £30 billion to fund the transition, with GM being split in to ‘Old GM’ and ‘New GM’. In exchange for the money the US Government will take a 60% stake in ‘New GM’ with all the toxic assets and liabilities being disposed of through ‘Old GM’. The restructuring will allow GM to survive on a third less sales than before (10 million instead of 15 million).