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Lexus at Geneva: Lexus CT 200h – U.S. bound

The Lexus CT 200h at Geneva - Lexus tell us it will be sold in the USA Despite moaning about the less than drop-dead-gorgeous looks when Lexus first showed us the CT 200h as the LF-Ch Concept – with a pretty awful gold paint job – the production ready CT 200h does look a bit more appealing. Still definitely not drop-dead-gorgeous - far from it – but credible enough, in a Lexus sort of way. There’s really nothing new to report on the CT 200h itself from Geneva, except that Lexus has announced that the CT200h will be sold in the US.

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.

BMW 1 Series

BMW has just revealed the all-new 1 Series. The German automaker's second generation B-segment contender has grown 83mm longer, 14mm wider and has had its wheelbase stretched 30mm over its predecessor. Though the 1 Series is the smallest vehicle in the range, the new car retains proportions typical of BMW, with a long hood and wheelbase and a set-back cabin.