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Lotus at 2009 Frankfurt motor show
Fri, 18 Sep 2009By Tom Sharpe First Official Pictures 18 September 2009 13:55 Formula One won't be the only place that race fans will get the opportunity to cheer on Lotus in 2010, thanks to the Evora Type 124 Endurance Racecar. Unveiled at the 2009 Frankfurt motor show in full FIA-spec, the Type 124 signals the Norfolk-based company's return to sports car racing. First, the basics.
GM posts $6 billion loss, burns $10.2 billion in cash as sales fall
Thu, 07 May 2009General 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.
Nissan GT-R 4 Door Saloon
Sun, 18 Jan 2009But Nissan admits that the GT-R is a loss-maker, which is hardly a surprise. So what can they do to capitalise on the kudos surrounding the GT-R? The route seems to be more models based on the GT-R’s platform, including a saloon and even an SUV.