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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.

Ford Focus ST (2011) first news and photos

The Ford hot hatch is back! The new Focus family will sire a – range-topping, for now – ST performance variant, to be unveiled at the 2010 Paris motor show. There's still a bit of a wait on, however; the mainstays of the new Focus range go on sale in March 2011, while the new Focus ST won't arrive until late 2011 or 2012.So how fast is the new 2011 Ford Focus ST?Sounds like it should be pretty rapid.

Ford Escort returns – for China: Shanghai Motor Show

The Ford Escort Concept has been built by Ford with the aim of taking a sizeable chunk of China’s compact saloon market – estimated at 5.5 million sales a year – and looks remarkably production viable and far from ‘budget’. Escort is a badge China knows – there are plenty of old Escorts floating around Chinese roads – so it’s a sensible move by Ford to revive a badge that already resonates as a compact, affordable saloon with Chinese car buyers. This new Escort gets a proper version of Ford’s latest design language – including the Aston Martin grill – and has good lines and strong detail including jeweled headlights with the lucky Chinese ’8′ discernible ; it looks entirely cohesive and nothing like a Focus with a boot grafted on.