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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.

Will the Maserati Kubang SUV arrive as the Maserati Cinqueporte?

Will the Maserati Kubang SUV arrive as the Maserati Cinqueporte The idea of a Maserati SUV may be anathema to many, but it’s a reality, as we saw at Frankfurt last month with the public debut of the Maserati Kubang. The Kubang moniker is a re-use of a Maserati concept name from a few years ago, but it’s an ugly name nonetheless. But it may not be the name Maserati actually uses on its SUV.

First Motorway Service Station Pub opens on M40

The Hope & Champion pub (pictured) opens at Beaconsfield Services on the M40 Where to stop for a bite to eat on UK motorways can often be a bit of a lottery, with many oif us seeking a pub just off the motorway for a bit of a break and a spot of lunch. But now, amid some controversy and complaints from safety groups, JD Wetherspoons has opened the first pub at a motorway services, with the Hope and Champion open for business at Beaconsfield Services on the M40. The Hope and Champion will be open from 4am to 1am, seven days a week, and serve the usual JD Wetherspoons fodder of passable meals and drinks and, say JD Wetherspoons, a wide range of non-alcoholic drinks, tea and coffee.