Mercury 40hp Carrier Assy. P/n 19291a3 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.

Toyota i-Road – a three-wheel EV for Geneva 2013

The Toyota i-Road Concept has been revealed ahead of the Geneva Motor Show. It’s a three-wheeled EV designed as an urban transport solution. But if there is a way to make EVs acceptable to car buyers it’s to offer an alternative to the normal ICE car that works in specific and appropriate locations better than a full-sized ICE car can, not to try and make a normal car run on electricity.

Jaguar Land Rover leads UK universities to develop virtual simulation tech

Jaguar Land Rover is to lead four UK universities in a £10m ($15.5m) government scheme to develop virtual simulation technologies and processes to help improve and accelerate the car design process. The carmaker will be leading project teams from the universities of Cambridge, Loughborough, Leeds and Warwick in the Program for Simulation Innovation (PSI), developed to improve the potential of the UK virtual simulation industry. It is hoped that through its results design quality and capability can be improved through the simulation of sights, sounds and smells.