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D-day for General Motors: GM files for bankruptcy

By Tim Pollard Motor Industry 02 June 2009 06:57 General Motors today faces the humiliation of collapsing into bankruptcy. It marks the 1 June deadline imposed by US president Barack Obama for the General to sort out its business – or seek protection from creditors in the bankruptcy courts. As we’re all too painfully aware, GM has been unable to perform miracles, triggering one of the greatest industrial collapses seen in American corporate history.

Italy auctions government cars

OFFERS started rolling in on unneeded government Alfa Romeo, Lancia and BMW cars, which prime minister Matteo Renzi is auctioning off on eBay as a sign of his seriousness in tackling government waste. Renzi has pledged to sell 151 vehicles by April 16, saying he was taking a cue from the former mayor of Florence - himself - who auctioned off four cars early in his term. Besides cashing in, the government will save on upkeep, maintenance and running costs.

Rolls-Royce Phantom Coupe Aviator Edition Pebble debut

Rolls Royce has created a special edition of the Phantom Coupe – the Rolls-Royce Phantom Coupe Aviator Edition – to debut at Pebble Beach. Even car makers at the very top end produce limited edition models to garner extra sales, and Rolls Royce is no different. With the Pebble Beach petrolhead jolly about to kick-off in Monterey, Rolls Royce has revealed a limited edition Phantom Coupe – the  Rolls-Royce Phantom Coupe Aviator Edition – which will debut at Quail and celebrates Charles Rolls’ passion for aviation.