Mercury Outboard 115 Hp 6 Cyl Hood Cover Wrap Cowl 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.

Chrysler bankruptcy filing said to be part of plan to seal Fiat deal

Chrysler LLC and Fiat S.p.A. are prepared to complete an alliance by Thursday that would be taken into bankruptcy court as a key element of the U.S. automaker's restructuring plan if needed, a person with direct knowledge of the situation said.

New MG: Is this the MG2?

Is this a new mini MG - the MG2? Despite it looking at one point last year as if MG – certainly in the UK – was close to biting the dust, we now know that the SAIC Roewe 550 will be made in the UK and sold throughout Europe as the MG6 in hatchback form and the MG5 as a saloon. But now we’re getting news from China that there is a mini MG in the pipeline – the MG2 – and that this car will be turning up as soon as the Beijing Motor Show as an MG and not – as is usual for SAIC – as a Roewe which then spawns an MG.