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Autoweek in review: The racing season heats up, we pick the Popemobile

The second week of March saw the racing season warming up. We also finished our Geneva motor show coverage and began to prepare for the New York auto show. Here are our top stories of the week.

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.

Volvo Concept Estate revealed ahead of Geneva

The Volvo concept estate (pictured) debuts at Geneva We had the first glimpse of what we now know is the Volvo Concept Estate over the weekend when a Swedish raincoat manufacturer published a series of teaser photo sof the latestr Volvo Concept, and now Volvo has revealed it ahead of a Geneva debut. Just as the Volvo Concept Coupe was a modern interpretation of the icon Volvo P1800, the Concept estate is a reworking of the car the P1800 became in its final iteration – the Volvo P1800 ES. The P1800 ES was a Shooting Brake in the proper car sense – none of the modern interpretation where a Shooting Brake has become a four-door coupe estate – and the Concept estate is just the same – a two-door coupe with a stylish estate rear.