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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.

Bugatti WILL replace the Veyron to sell alongside the Galibier

A new Bugatti Veyron will sell alongside the Galibier Did the world ever doubt there would be a replacement for the Bugatti Veyron? Did any of us really expect Bugatti would give up its crown as the maker of the world’s fastest car? Did we think that VW would invest all the money they have in Bugatti just to make a fast saloon car?

Falcon F7 spotted in the wild

The Falcon F7 made its debut at the 2012 Detroit auto show. Since then, we haven't seen it. We were offered a test drive, but Falcon Motorsports cancelled it an hour before the appointed time, leaving us to wonder what happened.