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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.

GM's Volt engineer Weber moving to Opel

Frank Weber, the German-born engineer in charge of the Chevrolet Volt, is moving back to Germany to take a senior management role at Opel. He will be replaced by Doug Parks, who has been working at Opel since 2007 as chief engineer for GM's global compact cars, which include the Opel Astra and Chevrolet Cruze. General Motors Co.

Vauxhall Corsa ecoFlex 98g/km revealed

The new Vauxhall Corsa ecoFLEX for 2010 with 98g/km CO2 emissions As I think we’ve said before – another day, another Eco car. A few days a go we had the new BlueMotion Golf coming in at a chunk under it’s previous iteration on the CO2 emissions front, and today we’ve got Vauxhall’s baby being revealed for 2010 sporting CO2 emissions of 98g/km – which makes a change from the ubiquitous 99g/km figure. The new Corsa ecoFlex manages to trim the CO2 emissions from 105g/km on the previous Corsa ecoFLEX model to 98g/km – and therefore a freebie VED – with even the 5 door version sneaking below the 100g/km threshold.