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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.

Volvo Aims High With Its Self-Driving Car Tech Project

SWEDISH car maker Volvo has announced it will embark on a large scale trial to refine the technology behind its self-driving cars. Volvo is no stranger to the technology having already conducted controlled experiments using ‘road trains’ – cars following each other closely at speed – but this exercise will involve 100 cars being deployed in the busy streets of Gothenburg, Sweden. The project ‘Drive Me – Self-driving cars for sustainable mobility’ is a joint initiative between Volvo Car Group, the Swedish Transport Administration, the Swedish Transport Agency, Lindholmen Science Park and the City of Gothenburg.

Jaguar XKR-S: UK debut at the Goodwood Festival of Speed

The Jaguar XKR-S will make its UK debut at the Goodwood Festival of Speed 2011 Jaguar has revealed that its fastest car in a generation – and its fastest series production car ever – the Jaguar XKR-S is to make its UK debut at the Goodwood Festival of Speed in July. Which has surprised us a bit – we rather expected it to start turning up before that. But in lots of ways it makes sense to have Jaguar’s new Cat with Big Claws making waves on the  Goodwood Hillclimb as the Goodwood Festival of Speed is going to be something of  Jaguar-fest this year.