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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.

Chevrolet to restore Covettes damaged in sinkhole disaster

Though we're very happy that no one was hurt when a sinkhole opened up beneath the Bowling Green, Ky. National Corvette Museum, the fate of the eight Corvettes damaged in the cave-in remained has remained unclear. Photos and footage of the incident show a few cars sitting on top of the rubble at the bottom of the 40-foot wide, 25 to 30-foot deep pit; others are presumably pinned under the debris.

Buick Encore video gives us a proper look at the Opel / Vauxhall Mokka

Buick Encore video previews the new Vauxhall Mokka The Vauxhall/Opel Mokka may not arrive until Geneva 2012, but we get a good look at what’s on offer in this Buick Encore video. The whole ‘World Car’ phenomenon that’s sprung out of the mire of the financial woes of the US car industry does lead to a few anomalies. Like the Buick Encore being revealed in the States whilst Europe has only had a couple of photos of the Opel / Vauxhall Mokka ahead of its debut at the 2012 Geneva Motor Show in March.