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Ford slows rate of cash burn in posting $1.4 billion net loss

Ford Motor Co., the only U.S. automaker operating without federal bailout loans, burned through $3.7 billion in cash during the first quarter in posting its fourth straight quarterly loss. Ford slowed the burn rate from the fourth quarter of 2008, when cash declined by $5.5 billion.

GM to recall 1.5 million vehicles for fire risk

General Motors Co. said it is recalling 1.5 million vehicles with heated washer-fluid systems following engine fires that occurred even after a 2008 fix on many of the same cars for similar problems. The recalls, to begin by June 14, will affect 18 models of 2006-2009 Buicks, Cadillacs, Chevrolets, GMCs, Hummers and Saturns, the National Highway Traffic Safety Administration said on its Web site today.

Bentley SUV to show at Beijing unchanged

Bentley SUV to show at Beijing unchanged Despite a less than overwhelming endorsement at Geneva, Bentley are planning to take their SUV concept to the Beijing Motor Show unchanged. It does make sense for Bentley to build an SUV. But does it make sense for them to put the SUV concept from this year’s Geneva Motor Show in to production as it is?