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Infiniti mid-engined Sports Car Concept teased

Infiniti Sports Car Concept Tease Infiniti is teasing a range extender, mid-engined sports car ahead of a debut at the 2012 Geneva Motor Show in March. The eyes of the motoring world may be on the Detroit Auto Show, but that’s not stopping car makers teasing new cars heading for the 2012 Geneva Motor Show in the Spring. And this morning we have the Infiniti Sports Car Concept to view.

GM posts $6 billion loss, burns $10.2 billion in cash as sales fall

General Motors, facing a June 1 U.S. restructuring deadline to avoid bankruptcy, posted a $6 billion net loss in the first quarter and burned through $10.2 billion in cash as global auto sales plunged. GM had $11.6 in cash reserves on March 31, down from $14.2 billion at the end of the fourth quarter.

NYC approves Ford Transit Connect for taxi fleet

New York signed off on the Ford Transit Connect to be used for taxi service, paving the way for the nation's largest city to begin switching to the small van in place of the aging Crown Victoria. The move was announced Thursday after a public hearing; New York joins Boston, Philadelphia and Chicago on the list of major cities that have approved the vehicle for taxi service. The Transit Connect (and Taurus sedan) is approved for use now, but a Nissan van will become the exclusive vehicle in 2013.