06 Bmw 750i Interior Mirror on 2040-parts.com

Ford burns through $5.5 billion in 4th quarter as losses mount

Ford Motor Co., the only U.S. automaker operating without federal loans, burned through $5.5 billion in cash during the final three months of 2008 as losses mounted. Ford finished the year with cash reserves of $13.4 billion.

McLaren P1 performance figures confirmed

McLaren has confirmed performance statistics for its new P1 hybrid hypercar – and the official numbers are frankly amazing. We always knew the 2013 McLaren P1 was quick, but 0-62mph in 2.8 seconds, 0-124mph in 6.8 seconds, 0-186mph in 16.5 seconds and a 217mph top speed prove its astonishing pace. And it’ll return exceptional efficiency (given the performance) of 34.0mpg combined with 194g/km CO2.

EPA makes it official--greenhouse gases are pollutants

On the eve of an international climate summit, the EPA on Monday formally declared greenhouse gases to be dangerous pollutants, strengthening President Barack Obama's hand and laying the groundwork for a new 35.5 mpg standard for light vehicles. The finding is likely to have a greater impact on electric utilities, oil companies and manufacturers than on the auto industry. The EPA's scientific finding reported that these gases “are the primary driver of climate change,” which can intensify heat waves and increase ozone pollution linked to asthma and other respiratory illnesses.