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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.
UK drivers fear 'black box' tech in cars
Fri, 01 Aug 2014EUROPEAN UNION plans to install ‘black box’ technology in all new cars from 2015 have met with an overwhelming ‘no’ from UK drivers. The EU regulations will see e-Call fitted to all new cars sold from November 2015. The e-Call technology automatically contacts the emergency services in the event of a collision and could save 2500 lives on the roads of Europe every year.
Koenigsegg & Pagani heading for Chris Evans’ CarFest
Thu, 23 Aug 2012With the first of Chris Evans’ CarFest extravaganzas kicking off this weekend, Supervettura are on the way with Koenigsegg and Pagani. This weekend sees the first of two petrolhead extravaganzas organised by Chris Evans for the benfit of Children in need kick off at Laverstoke Park Farm with CarFest South. Which means purveyors of supercars and providers of petrolhead fun are gathering their prize possessions together to get to Laverstoke Park Farm to enterrtain the assembled throng, one of which is *Supervettura with a cornucopia of supercar goodness.