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GM posts $6 billion loss, burns $10.2 billion in cash as sales fall
Thu, 07 May 2009General Motors, facing a June 1 U.S. restructuring deadline to avoid bankruptcy, posted a $6 billion net loss in the first quarter and burned through $10.2 billion in cash as global auto sales plunged. GM had $11.6 in cash reserves on March 31, down from $14.2 billion at the end of the fourth quarter.
Producer Michael Mann tapped to develop and direct Go Like Hell movie
Tue, 31 May 2011Producer Michael Mann, best known for hits such as Heat, Ali and more recently, Public Enemies, is in talks with 20th Century Fox to develop and potentially direct a movie based on the A. J. Baime book Go Like Hell, according to The Hollywood Reporter.
Toyota Auris Touring Sports Specification – but no price
Sat, 16 Feb 2013Toyota has revealed specifications for the Auris Estate – the Toyota Auris Touring Sports – but has yet to come up with a price. At the time, apart from learning the Auris Touring Sports was longer than the Auris Hatch, we didn’t get much more from Toyota. But now, ahead of the Auris Touring Sports turning up again at Geneva next month, Toyota has released more detail.
