03-06 Chevy Silverado Led Projector Headlight Chrome 05 on 2040-parts.com

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.

Mark Vaughn: We’ll always have Vegas

There were a few bare spots on the floor of the Consumer Electronics Show this year, spots that in previous years had been jammed sardine-like with myriad Taiwanese makers of Hello Kitty knockoff cell phone cozies and electronic barking dogs, but the show this year was nonetheless pretty well attended. Besides, for those working their way upstream through the aisles like so many digitally trained trout, the empty spots left by exhibitors that pulled out were like refreshing mountain meadows or little piazzas in crowded Italian cities. Show management stocked the open spots with cushy couches, too, on which many a jet-lagged showgoer snoozed.

Citroen DS3 Red editions (2013) pictures and details

Citroen has kicked off the new year with a special edition DS3. The DStyle Red and DSport Red follow the usual special edition recipe: new colours, more kit, and less cash. But would you put up with that bright splash of red to score better value for money?