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On this clear day, you can see Fritz Henderson’s General Motors

Fritz Henderson and the guy he replaced at the top of General Motors, Rick Wagoner, both speak Portuguese. But that may be where the similarities end when it comes to the words spoken by the former CEO and his newly elevated successor. In his first news conference as the head of GM, Henderson made it abundantly clear that he understands the forces that put him where he is and what they expect from him.

2011 Honda CR-Z starts at less than $20,000

The first mainstream hybrid with a six-speed manual, the 2011 Honda CR-Z, will sticker at a shade less than $20,000 when it arrives on the market on Aug. 24. Honda announced pricing for the sporty compact two-seater on Tuesday, and a base car with the manual starts at $19,950, including a $750 destination charge.

Fisker reborn as The New Fisker

The assets of Fisker may now belong to China's auto parts giant Wanxiang, but reports of the brand's demise have been greatly exaggerated. It was earlier believed that along with the technology and the debt that Wanxiang would be taking on, one thing they wouldn't get is the Fisker brand name itself. After all, in the relatively short history of struggling western automotive brands that have been bought up by Chinese automakers, brand names haven't always been part of the deal.