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GM officially bankrupt

GM finally enters Chapter 11 Bankruptcy The US Government is to provide £30 billion to fund the transition, with GM being split in to ‘Old GM’ and ‘New GM’. In exchange for the money the US Government will take a 60% stake in ‘New GM’ with all the toxic assets and liabilities being disposed of through ‘Old GM’. The restructuring will allow GM to survive on a third less sales than before (10 million instead of 15 million).

Passengers are the biggest distraction

THE BIGGEST DISTRACTION for drivers is other people in the car. Adult passengers are the most distracting, with 18% of drivers saying they have had a near miss or crashed because of their attention being drawn away by someone else in the car. A survey by the AA found adjusting the radio was the second biggest distraction, with 16% of drivers admitting they had narrowly avoided a collision or been in a crash while fiddling with the radio.

The Porsche P1 is lighter, greener and more exclusive than McLaren's new hypercar

Long before the legendary Porsche 911 -- before, even, the Porsche 356 -- Ferdinand Porsche was tinkering with alternative powertrains and designing road-worthy vehicles. Though it wasn't the first vehicle to bear his name, the “Egger-Lohner electric vehicle, C.2 Phaeton model” was the earliest result of his efforts. Perhaps getting the jump on the modern alpha-numeric craze/plague, it was shortened to a simple “P1.” The P1 (we'll refer to it as the Porsche P1 from here on out to avoid confusion) made its first appearance in Vienna on June 26, 1898, and it didn't last long in the public eye: Before Porsche decided to pull it out and put it on display, it had reportedly been sitting in a warehouse, untouched, since 1902.