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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.
New Nissan Micra costs from £9,950
Tue, 25 Jun 2013New Nissan Micra Facelift (pictured) costs from £9,950 Although we saw the new facelift for the Nissan Micra in the guise of the overseas Nissan March in back in March, it took Nissan until this month to reveal the new Micra for the UK, and now we’ve got specifications and prices confirmed. Starting at £9,950 for the Micra Visia, all new Micra models come with a new front and back, upgraded interior with a new centre console, better materials and more equipment. The entry-level Visia gets Bluetooth, electric front windows, remote central locking and USB, with the mid-spec Acenta (from £11,550) adding alloys, leather steering wheel, Climate and Cruise.
Iconic rally-winning Ford Escort Cosworth confirmed for Goodwood
Fri, 23 May 2014A RARE and celebrated old Ford Escort Cosworth rally car is to make an appearance at the Goodwood Festival of Speed. The car, decked out in the iconic Michelin Pilot livery, will feature on Michelin's own stand at the show and will give people a once-in-a-blue-moon chance to get up close. Driven by Malcolm Wilson OBE, the Team Principal of the M-Sport World Rally Team, the iconic Michelin Pilot Escort RS Cosworth dominated the 1994 British Rally Championship.