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GM posts $6 billion loss, burns $10.2 billion in cash as sales fall

General 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.

Toyota GT86 TRD: Price from £31,495 – just 250 for the UK

The Toyota GT86 TRD – a GT86 titivated by Toyota Racing Development – will cost £31,495 in the UK. Just 250 available. Now, Toyota has announced that the GT86 TRD will be going on sale in the UK on 1st March and will cost £31,495 for the manual version and £32,995 for the auto.

Nissan GT-R 2010 – Tokyo Catchup

The 2010 Nissan GT-R at the Tokyo Motor Show Nissan brought along a 2010 GT-R  to the Tokyo Show last week, so we thought we’d better update you with the changes they’ve made. Nothing too drastic, but tweaks none the less. Nissan has had a play with SatNav on the GT-R and installed a new HDD Carwings Nav system with some extra entertainment functionality.