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.

GM launches Corvette ads on television

WITH VIDEO -- The first work from Goodby, Silverstein & Partners' new client, General Motors' Chevrolet, is out, and it's a testosterone-filled, 45-second TV spot for the 2011 Corvette. The ad, which aired for the first time Tuesday night on ESPN, marks GM's return to TV advertising for the Corvette after a five-year absence. Titled "Still Building Rockets," the commercial shows footage of rocket scientists juxtaposed with snapshots of GM plant workers building a Corvette.

Pontiac Sport Truck

By Liz Turner Motor Shows 20 March 2008 11:10 Pontiac is going to have a tough time trying to stop its 2010 Sport Truck being called the El Camino. From the B-pillar forward its Pontiac G8, but on the back there’s a 6ft pick-up bed and the suspension has been beefed up to the take the expected loads and tows. Under the bonnet is the same 6.0-litre V8 used in the G8 GT, delivering 361bhp and 385lb ft, but Active Fuel Management and a six-box auto ‘box should keep the as-yet unstated fuel economy affordable.