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Ford offers trip to the summer X Games with Focus ST contest

Ford is holding a contest to get drivers interested in the new Focus ST--as if we weren't already. Ford will have driving simulators at this year's auto shows, and the person who records the fastest time will get a trip to ESPN's summer X Games. Those interested can follow the leaders at Ford's Facebook page, where all of the lap times and info will be posted.

Camaro poised to claim pony-car sales title over the Mustang for first time since ’85

With just weeks left in the year, Chevrolet’s hot-selling Camaro looks like a lock to win the pony-car sales title in 2010, topping the Ford Mustang for the first time in 25 years. So far this year--Camaro’s first full sales year since production ended after the 2002 model year--Chevy has sold 75,685 Camaro coupes. Mustang sales totaled 68,264 through the first 11 months of the year.

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.