14" Ss Chevrolet Chevy Nova Camaro Hubcap on 2040-parts.com

GM Europe weeks from running out of cash

By Phil McNamara Motor Industry 03 March 2009 19:03 GM Europe will run out of cash ‘early in the second quarter’ of 2009, unless the divison secures $3.3bn in funding from European governments. Speaking today (Tuesday 3 March), GM chief operating officer Fritz Henderson revealed that insolvency loomed, due to the plunge in European car sales and GM’s liquidity crisis in North America. He ruled out a swift cash injection from private investors, saying that no talks had taken place and that lengthy negotiations and due diligence would take too long.

Camouflaged Cadillac ELR spotted on the road

Autoweek reader Josh Lindquist recently snapped these photos of what may be a camouflaged Cadillac ELR cruising around metropolitan Detroit. While the photos don't show the car from every angle, its lines are strikingly similar to those on the ELR featured on Cadillac's official Web site. The ELR first appeared as the Cadillac Converj concept in 2009.

Will your new Lincoln be made of wood?

In a search for the latest and greatest (and greenest) vehicle advancements, companies like Lincoln are looking to substitute traditionally manufactured items with more eco-friendly ones. Lincoln Motor Co. collaborated with Weyerhaeuser and Johnson Controls in a three-year project to find a suitable replacement for fiberglass in auto parts.