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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).

Apple CarPlay to be available on older cars

AFP | Getty Images Drivers will be able to add Apple’s CarPlay iPhone connectivity to their existing car stereo, meaning it won’t be exclusive to the cars already revealed with the system at this year’s Geneva Motor Show. The radio manufacturers Pioneer and Alpine have both already said they’re working with Apple to introduce the CarPlay software to their existing and new car stereo head units. Apple CarPlay lets you text on the move CarPlay allows you to pair a compatible iPhone (so the iPhone 5, 5S or 5C) with your car infotainment system, controlling the voice, touchscreen and buttons through the car’s in-built screen.

Ford Motor Company Fund expands driver-education program for teens

Driving Skills for Life (DSFL), a free program sponsored by the Ford Motor Company Fund to teach teen drivers safe driving skills, will be coming to 31 more cities this year as part of the DSFL national high-school tour and community program. New sites for the clinic include Albany, N.Y.; Louisville, Ky.; Atlanta; Phoenix, and Boston. “There is nothing more important than the safety of our young people on the road,” said Jim Graham, manager of DSFL.