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Project Car Hell, Air-Cooled Inferno Edition: oval-window Beetle or Type 34 Karmann Ghia?

Here we are in the Automotive Lake of Fire again, and we feel compelled to follow up a couple of marginal-classic Fiat projects with a pair of indisputable classic Volkswagens. After Ferdinand Porsche appropriated the basic design for the original Beetle from Tatra designer Hans Ledwinka (but before Tatra successfully sued Volkswagen), Volkswagen turned one innovative rear-engined vehicle platform into quite a lineup of cars and trucks. These days, while some types of air-cooled VW projects are cheap and plentiful, the rarer ones are much-sought-after and tough to find in semi-restorable condition.

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.

Vauxhall Insignia VXR (2009) pricing confirmed

By Richard Webber First Official Pictures 10 July 2009 10:22 Vauxhall’s new Insignia VXR is going to be one of the performance bargains of the year – the 321bhp feisty family car will cost £30,995 when sales start in autumn 2009. It’s aimed at the wired family man who values pace as much as practicality and value, a sort of Audi S4 on the cheap. The numbers say yes.