Ford Oem Power Antenna Mast on 2040-parts.com

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.

2012 Buick Verano compact teased

Buick is teasing its future compact sedan called the Verano. A picture of the small car was released on Thursday along with the news that General Motors would spend $145 million to upgrade a factory in Lake Orion, Mich., to build the Buick and a Chevrolet small car. The Verano would be a 2012 model.

2011 Dodge Charger revealed

After a few weeks of teasing, Chrysler has revealed the design changes to the 2011 Dodge Charger. We're getting a new front end that includes a sculpted aluminum hood, redesigned front fascia with a new look to the crosshair grille and new headlamps. Out back is a new tail lamp setup that stretches across the rear and uses 164 light-emitting diodes.