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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.

Rolls-Royce reveals first Wraith teaser

Rolls-Royce has released the first teaser image of the its upcoming Wraith coupé. The image, which confirms that the Wraith is a fastback based on the Ghost, shows a chrome bezel surrounding the rakish DLO as well as rear-hinged doors, as have become an RR trademark. What we can't yet see is the treatment of the nose and tail.

Volkswagen Beetle (2011) first official pictures

After 11 long years on sale the New Beetle is dead – its successor is this, The Beetle. We'll just call it the new 2011 VW Beetle. 2011 VW Beetle: trading flower-power for outlaw rodder Wider, lower and longer, the 2011 Beetle abandons its predecessors three semi-circle styling for the flat-roof look of 2005’s hot rod-inspired Ragster concept. At the front, the Beetle adopts the corporate horizontal intake styling and a more angular front bumper melded with a less curvaceous evolution of the 1998 New Beetle styling template.