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GM posts wider loss, burns through $5.2 billion in cash
Thu, 26 Feb 2009General 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.
Urbee 3D-printed car: the greenest car in the world?
Tue, 03 Dec 2013Not to be confused with a 1963 Volkswagen Beetle with a similar sounding name, Urbee stands for URBan Electric vehicle with Ethanol as back-up. You can see why they settled on Urbee now, can't you? The Urbee is also the world’s first 3D-printed car, and the plan is to drive it from San Francisco to New York - a distance of 2,905 miles - in less than 44 hours.
Volkswagen Scirocco R revealed
Wed, 20 May 2009The new Volkswagen Scirocco R revealed today Despite dropping the 6 cylinder engines previously used, this is the hottest and fastest Scirocco VW has ever made. Power comes from a 2.0 litre, four-cylinder turbocharged engine, offering 265bhp. But there is no four-wheel drive on this Scirocco, instead VW has opted to offer the car as a front-wheel drive only, but benefiting from XDS (an electronic cross-axle traction control system).