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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.

Vauxhall revives Viva name for new budget car

Vauxhall has confirmed it will bring back the “Viva” nametag for a new small, budget hatchback, set to go on sale in the UK from summer 2015. The new 2015 Vauxhall Viva will make its debut at next month’s 2014 Paris Motor Show. On Bing: see pictures of the 2015 Vauxhall Viva Find out how much a used Vauxhall costs for on Auto Trader According to Vauxhall, the Viva will be the latest addition to the firm’s small car range and will sit alongside the Adam city car and the new Corsa supermini.

Exclusive: Spyker drop Peking-Paris D12 in favour of D8

The Spyker Peking-Paris D8 will show at Frankfurt and cost just under £200k The Spyker Peking-Paris has been threatening to make its way in to production for what seems like a very long time now. However, Spyker has been beset by problems – mainly financial – for years, which has limited both their production and development capabilities, but recent investment from Russia has finally solved those problems, and Spyker is again starting to move forward. Cars UK has learnt that the clincher for the Russian investment was the investor’s love of the Peking-Paris, so with money in the kitty Spyker are pushing ahead with the car at speed.