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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.

New car ‘sales’ up over 10% in 2014

Sales of AFVs – like the Auris Hybrid – have grown over 50% The story of new car sales in the UK continues on its seemingly ever-upward path, with the Society of Motor Manufacturers and Traders (SMMT) reporting new car registrations in the UK up by over 10 per cent in the first half of 2014. A total of 1,287,265 new cars have been registered in the UK so far this year (although previous evidence would suggest a good 400,000 of those are dealer pre-reg cars), the highest figure since 2005. And as Alternatively Fuelled Vehicles (AFVs – those powered by anything other than a single fossil fuel source e.g.

Future products: Styling, fuel economy top the agenda at Chevrolet

Chevrolet's quest for more vehicles that match the styling appeal of the Equinox crossover and Camaro muscle car will continue in the next several years. For instance, a more upscale Impala is in the works, with a low production volume and limited rental fleet sales, one source says. That would follow the example set by the 2010 Ford Taurus.