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GM donates Insignia prototype to Coventry University

Though the cloud of uncertainty is currently looming over General Motors' Opel and Vauxhall brands, the economic climate hasn't deterred its Vauxhall division from showing a bit of generosity. Recognizing the burgeoning talent at one of the UK's leading design schools, the British arm of the American automotive giant recently offered car design students from Coventry's School of Art & Design an Insignia prototype, which will be used for 'real life' styling exercises. "We are delighted that Vauxhall has chosen to donate this vehicle to the university for our students to work with.

Win a Seiko Sportura watch worth £395!

For a decade, Seiko’s Sportura range has acknowledged the link between great timepieces and great cars, with watches inspired by motoring and motorsport. And now you could win one of these fine watches, by answering one simple question: who is the reigning F1 World Champion? Click here to answer the question (it's multiple choice, so it's easy) and enter our competition Like the instrument panel of a sports car, Sportura dials are instantly legible; all have a jet-black background with orange or red hands, and a sapphire crystal with an anti-reflective coating.

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.