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New MG: Is this the MG2?

Is this a new mini MG - the MG2? Despite it looking at one point last year as if MG – certainly in the UK – was close to biting the dust, we now know that the SAIC Roewe 550 will be made in the UK and sold throughout Europe as the MG6 in hatchback form and the MG5 as a saloon. But now we’re getting news from China that there is a mini MG in the pipeline – the MG2 – and that this car will be turning up as soon as the Beijing Motor Show as an MG and not – as is usual for SAIC – as a Roewe which then spawns an MG.

Chrysler 200C EV unveiled at Detroit auto show 2009

By James Foxall Motor Shows 12 January 2009 13:07 With the years of elaborate stage sets and money-burning stunts such as driving cars through plate glass windows consigned firmly to the history books, Chrysler’s 2009 Detroit Motor Show stand was a sober place to be. While Ford and General Motors executives chose largely to ignore the financial crisis and government bail outs by pretending they hadn’t happened, Chrysler president Jim Press started his presentation by cracking jokes about it. He then outlined how the company – in an aggressive restructuring programme before the credit crisis – was responding.

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.