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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.

Acura future products: Hybrids joining revamped lineup

Sales have begun to rebound for Acura, American Honda Motor Co.'s luxury brand, and a product renaissance in 2012--complete with a big entry into hybrid powertrains--could provide a further boost. Acura's two crossovers will be redesigned. And while the RL flagship won't have the rear-drive V8 version--those plans were killed in 2009--it will be significantly re-engineered.

Lotus Europa becomes Proton Lekir

The Lotus Europa-based Proton Lekir Concept Lotus tried to make the 2006 Lotus Europa fulfil the same role in its lineup the original Lotus Europa did in the sixties – a bigger version of the main range. In the ’60s it worked – to a degree – but the 21st century iteration of the Europa was not a huge success. The trouble with the Europa was that buyers seemed to perceive it as what it was – a stop-gap before the Lotus Evora arrived.