|Officially, Official: GM files for Chapter 11 bankruptcy
The die is cast: General Motors has filed for bankruptcy. As expected, the automotive giant filed for Chapter 11 bankruptcy protection this morning in a New York court, listing $82 billion in assets and $172 billion in debts.
|Spy Shots: Ford Fiesta Sedan for U.S. caught testing
Ford has already released 100 Euro-market Ford Fiesta hatchbacks into the hands of its Fiesta Movement ambassadors, but the actual production model being developed for the U.S. will have some differences, as these spy shots indicate.
|VIDEO: Ken Block's Gymkhana Two, more sideways thrills, sillier stunts
Gymkhana Two, the sequel to Block's highly successful Gymkhana Practice flick, is another epic exercise of car control featuring original stunts, mythical feats and more sideways, tire-smoking action than ever before.
|Other news of import