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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.

Bugatti won't build new car until Veyron is sold out

Bugatti executives told Bloomberg on Wednesday that the brand won't move forward with a new automobile until all of the remaining Veyrons have sold out. The French automaker built 300 original Bugatti coupes, followed by 150 various variants. The coupes sold out in 2011, but 40 convertibles are still for sale.

Nissan 370Z (2012) - first details of facelifted Z car

This is the new Nissan 370Z, a facelifted version of the brawny Zed sports car that will be unveiled at the 2012 Chicago auto show today. So what’s new about the new Nissan 370Z? We’re barely into 2012 but this is the 2013 model year iteration of the 370Z.