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Daimler to axe Maybach in 2013. New Mercedes S Class Pullman instead

Maybach Axed We’ve been preidtcing the demise of Maybach for some time. After all, who wants an old S Class with chintzy trim and lots of toys for more money than a Rolls Royce Phantom? And now it seems that Daimler has also realised their revival of the Maybach has fallen flat on its face (except in Germany and to a pair from the Dragons’ Den) and it’s time to move on.

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.

Porsche Exclusive showcased at museum

The Porsche Museum in Stuttgart, Germany, will showcase the 25-year history of the Porsche Exclusive program with an exhibit that runs until May 1. This event celebrates the anniversary of the program, which allows customers to have their factory-fresh cars customized and refined to their specifications. The museum will display the Porsche 911 Turbo S 3.6 that was the first Porsche production car to top 186 mph, or the magical 300-kph mark in Europe.