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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.

Jaguar chooses ‘XE’ name for new small sports saloon (2014)

By Ollie Kew and Phil McNamara First Official Pictures 04 March 2014 13:06 Jaguar will call its new small sports saloon ‘XE’, the company has confirmed. The new sub-XF fastback, scooped by CAR in a world exclusive earlier in 2014, will be available from early 2015, with four-cylinder engines first. Eventually, you’ll be able to choose from, rear- and four-wheel drive versions, including a 550bhp flagship hot rod.

Bugatti Veyron: A Quest For Perfection

It's easy to run out of superlatives when describing the Bugatti Veyron. Eclipsing every road car before it in terms of power, speed and price, it has been the benchmark supercar for almost a decade. ‘A Quest for Perfection – The Story of the Greatest Car in the World' by Martin Roach is a new book written in light of this redefinition of the supercar paradigm.