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BMW unveils 2012 Olympic Pavilion

BMW – one of the major sponsors of the 2012 London Olympic and Paralympic Games – has unveiled its pavilion for the event. Designed by British architecture firm Serie, the Pavilion makes use of various carbon reducing and recycled elements in its construction to symbolize BMW's sustainability drive. The Pavilion's upper platform will feature a range of BMW products, including the new i3 and i8 electric models, whilst the lower part will house an interactive display that allows visitors to view just how BMW is supporting both the Olympic games and Team GB.

GM posts $6 billion loss, burns $10.2 billion in cash as sales fall

General Motors, facing a June 1 U.S. restructuring deadline to avoid bankruptcy, posted a $6 billion net loss in the first quarter and burned through $10.2 billion in cash as global auto sales plunged. GM had $11.6 in cash reserves on March 31, down from $14.2 billion at the end of the fourth quarter.

New Bentley Continental GT Speed hits 205mph (video)

With the new Bentley Continental GT Speed about to get its public debut at the Moscow Motor Show we have new video of the GT Speed hitting 205mph. We had the news this morning that the Bentley Continental GT and GTC are both getting the new 8-speed ZF gearbox to make them both quicker and more economical, a new feature for the W12 engined Bentleys that’s also shared by the new Continental GT Speed. The GT Speed is due to get its public debut at the Moscow Motor Show next week, and as a bit of a PR trailer for its public debut Bentley has released new video of the GT Speed doing what it does very well – going quickly.