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GM's Henderson: Corvette's future is secure

The future of the Chevrolet Corvette is secure, General Motors CEO Fritz Henderson says, even as GM dramatically slashes its size and costs. In an exclusive interview with AutoWeek, Henderson says that not only is the Corvette's current platform undergoing continual development, but the future seventh-generation car, dubbed the C7, also is on track. He would not specify when the C7 Vette would hit showrooms.

GM moves Nesbitt back to design group in management shake-up

General Motors has made big changes to its top management structure, splitting apart its sales and marketing activities and naming new bosses for each discipline. The goal is to reduce layers of management under Mark Reuss, GM's president for North America. Among the key changes: -- Designer Bryan Nesbitt, who was made chief of the Cadillac brand last fall, is going back to the design group.

British motor show axed for good?

The British motor show will not go ahead in 2012, the organisers confirmed today. The Society of Motor Manufacturers and Traders dashed hopes that the UK expo could return after the recession put stop to 2010's event - effectively ending over a century of UK motor shows. 'The British International Motor Show has been a tremendously successful showcase for the UK motor industry,' said SMMT chief exec Paul Everitt.