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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.
Concorso Italiano car show at Monterey Historics week 2013: in pictures
Sat, 17 Aug 2013Every year as part of the Monterey Historics week there’s an Italian car gathering that’s grown to the point where it’s an international – unmissable – event. For 2013 the venue was the Laguna Seca Golf Ranch, just next to the race circuit – and what an incredible line up of cars there was. Alongside the predictable was the completely unpredictable.
Maserati, Alfa Romeo SUVs could use Jeep Grand Cherokee platform
Mon, 08 Nov 2010Chrysler and Fiat are exploring additional models, including Maserati and Alfa Romeo SUVs, derived from the new Jeep Grand Cherokee platform, Chrysler CEO Sergio Marchionne said Monday. The Grand Cherokee “architecture has legs. It's important for us to tap all of the hard work that has gone on inside Chrysler on the new Grand Cherokee,” Marchionne said during a conference call to discuss Chrysler's third-quarter earnings.