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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.

Alarming number of drivers lack road sign knowledge

A THIRD OF DRIVERS in the UK do not know even the most basic road signs such as the National Speed Limit and Slippery Road warnings. This is the finding of a survey by More Than, which found that 34% of drivers in the UK did not know what the National Speed Limit sign was. The Slippery Road sign was misunderstood by one in seven drivers as meaning ‘paint on the road.’ With research conducted alongside 29 police forces, the survey found 20% of UK drivers had received penalty points for speeding in the past 10 years.

Jeep Grand Cherokee to spawn Maserati SUV – confirmed

The 2003 Maserati Kubang SUV Concept The idea of an SUV from every luxury maker seemed a dead cert a few years ago. And then the world went in to financial meltdown and the eco-mentalists convinced a chunk of the car buying public that SUVs were the spawn of the devil, which put the kybosh on the nascent plans of many a car maker. But the recession hasn’t quite turned in to a depression (unless you’re one of the poor countries sucked in to the German Euro Zone), and many are now waking up to the fact that SUVs aren’t killing the planet and that CO2 is actually beneficial to planet earth, not harmful.