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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.
Bentley Continental Supersports Ice Speed Record – The Video
Wed, 16 Feb 2011The Bentley Continental Supersports Ice Record - Video below Yesterday we reported that Rally Champion Juha Kankkunen had – for the second time – taken a Bentley Continental to a new world speed record – on ice. As always, we had a picture to go with the story. But a picture can only say so much.
Citroen C1 and Peugeot 107 hit by Toyota recall
Sun, 31 Jan 2010The Peugeot 107 (pictured) and the Citroen C1 are being recalled for faulty accelerators Update: We have heard from Citroen who tell us just 36 C1s in the UK are affected by the sticking accelerator problem. Update 2: We’ve now heard from Peugeot who say 6,000 Peugeot 107s in the UK are affected by the faulty throttle pedal. This last few days have turned out to be a real nightmare for Japanese car makers, with first the Toyota recall for a sticking accelerator and then the Honda Jazz/Fit recall for a faulty electric window switch.