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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.

Ferrari F150 confirmed for Geneva. Well, there’s a surprise.

Ferrari’s new ‘limited edition special series car’ – the Ferrari F150 / New Enzo – has been confirmed for a reveal at the 2013 Geneva Motor Show. You may be astonished to learn that Ferrari hasn’t officially confirmed that the replacement for the Enzo – codenamed Ferrari F150 – will actually debut at the Geneva Motor Show But it hasn’t. Well, it hasn’t if you’re simply a Ferrari lover.

Pforzheim University Winter Show 2011

Pforzheim University's bi-annual graduation exhibitions are firmly established as highlights of the auto design calender. And if the number of design professional wielding business cards was any indication, we weren't the only ones keen to grab a word with the students.

 Course leader, Prof. James Kelly, places great emphasis on ensuring graduates have the skills necessary for employment in the industry without stifling their creativity.