Porsche recalls GT3 for fire risk

Porsche is telling 2014 911 GT3 owners to park their cars until the company can check them out for engine problems that could cause a fire. Porsche says it will pick the vehicles up and take them to a Porsche Center immediately, and that safety is its immediate concern. Two vehicles in Europe caught fire after engine damage occurred, so Porsche decided to inspect all 785 vehicles delivered worldwide.

Citroën DS Wild Rubis concept

The Citroën DS Wild Rubis concept is the French manufacturer's foray into the premium SUV market, to be shown at the Shanghai auto show next Saturday. At 4,700mm long it's slightly larger than a BMW X3 or Audi Q5, with a particularly generous wheelbase of 2,900mm, presumably to offer the rear passengers a little more space - major consideration in China. It was designed in the DS studio in France, something the company is keen to promote given China's desire for chic European luxury goods.

GM posts wider loss, burns through $5.2 billion in cash

General 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.