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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.

Jail term and driving ban for King

FOOTBALLER Marlon King has been jailed for 18 months for dangerous driving after a crash which left a motorist with a broken arm. The striker, currently without a club after being released by Sheffield United last year, had pleaded guilty to a charge of dangerous driving at Nottingham Crown Court in March. Sentencing King at the same court today, Recorder Paul Mann QC said: "I do not regard your case as merely impulsive or silly behaviour.

Mitsubishi confirms mad FQ-400

You’ve got to admire the Japanese. Here we are, deep in the doom and gloom of car sales in free-fall, and Mitsubishi pops its head above the parapet to announce the 2009 version of the mad-as-a-hatter Mitsubishi Evo X FQ-400! Anyone who saw, or drove, the Evo 9 FQ-400 will know what an absolutely mental car this is.