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San Bernardino, California, US
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GM's Henderson says no decision yet on bankruptcy
Fri, 17 Apr 2009General 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.
McLaren F1 241mph record video
Thu, 27 May 2010McLaren F1 prototype XP5 hits 240 mph The last few weeks have been a bit of a McLaren F1 festival on Cars UK. But then it is 20 years since the team that created the McLaren F1 was first brought together, as yesterday’s F1 photos and info from McLaren were keen to tell us. All that needs to be written about the McLaren F1 already has been, but one thing we haven’t really covered in any detail before is the F1′s top speed record of 240.1mph, which stood as the world record top speed for a production car until the Bugatti Veyron stole that crown.
Honda celebrates 50 years in America
Thu, 11 Jun 2009Honda is 50 years old today, and much of its early success is the result of a series of brave, bold decisions acted upon by smart engineers-turned-executives. That and dumb luck. But we'll get to the dumb luck later.