1 1/2 " Arch Punch on 2040-parts.com

Ford slows rate of cash burn in posting $1.4 billion net loss

Ford Motor Co., the only U.S. automaker operating without federal bailout loans, burned through $3.7 billion in cash during the first quarter in posting its fourth straight quarterly loss. Ford slowed the burn rate from the fourth quarter of 2008, when cash declined by $5.5 billion.

Steve McQueen’s Ferrari 275 GTB4 restored by Ferrari Classiche

Ferrari Classiche has taken Steve McQueen’s Ferrari 275 GTB4 and put it back to original Coupe form with and-beaten steel panels. We all know that classic Ferraris are one of the better investments you can make, certainly in the long term. Just look at the recent sale of a Ferrari 250 GTO for $35 million (new price in the early 1960s was £6k) for evidence of the enormous prices classic Ferraris fetch, certainly the pre-Fiat Ferraris where production numbers were small.

Caterham CDX Limited Edition: first pictures

By Dimitri Pesin First Official Pictures 10 June 2008 16:03 Caterham has returned to its K-series roots with a new version of its Seven, dubbed the CDX Limited Edition. Not a catchy moniker perhaps, but the new car has been built to commemorate 15 years of the Caterham Driving Experience (CDX) – the track days where you can drift or slalom a Seven. As well as the gloss black paint, plus decals along the sides mimicking the CDX cars, the big news is the return of the K-series powerplant delivering 135bhp through a five-speed ‘box.