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News watch June 2011: today's auto industry news
Thu, 23 Jun 2011Welcome to CAR Magazine's news aggregator as we round up the daily stories in the auto industry. Top tip: news summaries are added from the top hour-by-hourThursday 30 June 2011• Toyota is planning a massive media campaign in the US to promote its new Camry saloon, due in autumn 2011. At a dealer meeting in Las Vegas, Toyota executives announced the media campaign, set to commence in October, to position Toyota and the new Camry as 'smart, safe and worry-free'.
BMW Concept 4-series Coupe (2012) first photos
Tue, 04 Dec 2012BMW is overhauling the 3-series Coupe - it'll be replaced in 2013 by the new 4-series Coupe and Convertible, previewed in this remarkably production-ready concept car. Munich reserves the 'Concept' moniker for its show cars which are in reality showroom ready. So strip away the sexed-up exhausts, 20in wheels and other trinkets and what you're looking at here is the new 2013 BMW 4-series.
GM posts wider loss, burns through $5.2 billion in cash
Thu, 26 Feb 2009General Motors, battered by a global economic collapse and buoyed by U.S. rescue loans, posted its sixth straight quarterly loss and burned through $5.2 billion in cash as revenue shrank by more than a third. The net loss of $9.6 billion in the fourth quarter compares with a loss of $1.5 billion a year earlier.