New Monte Carlo Bar - Curved, Chrome, J-ff:55-cpd99114 on 2040-parts.com

Hyundai i30

Though CDN was invited to attend a preview of the all-new Hyundai i30 ahead of its official unveiling at the 2011 Frankfurt motor show, these are the only images we're able to show you of the Korean automaker's C-segment hatchback until next week. "Through the profile of the new generation i30, a strong character line runs over the front and rear wheelarches all the way to the tail lamps," says Thomas Bürkle, Chief Designer at Hyundai Motor Europe. "A softer, lower character line rises up the car's flank creating a play of light and shadow - a fundamental feature of fluidic sculpture." The next evolution of the current i30 will be shown alongside the new i40 saloon and the new 1+2 door Veloster coupe on the company's Frankfurt show stand, which is claimed to reflect Hyundai's new brand direction - 'New Thinking, New Possibilities'.

Mini Clubvan announced, hipsters rejoice

Mini is getting into the commercial space with the Clubvan, which has two seats, five doors and a flat floor for easy loading. Mini says the van is designed for both business and leisure cargo carrying. When the U.S.-bound Mini Clubvan arrives this fall, it will use the company's base engine for power, which means 121 hp from a 1.6-liter engine.

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.