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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.

Autoweek archives: Ferrari reveals its new flat 12-cylinder

This selection comes from Autoweek Competition Press from January 1963, featuring a lead story on the reveal of Ferrari's at-the-time latest--a 1.5-liter, flat 12-cylinder engine designed for Formula One applications. Its speculated output was 225 hp. Ferrari also pulled the covers off the latest 2+2 touring car, the 330 GT, the successor to the famed 250GT.

Jaguar Heritage Racing heading for Goodwood Revival (+video)

Jaguar are taking their Heritage Racing cars to the Goodwood Revival this weekend, ending a successful first season of historic racing. This coming weekend sees the Goodwood Revival taking Sussex back in time, and Jaguar are taking their race-ready versions of the C-Type and D-Type from their Jaguar Heritage Racing team to add some sparkle to Goodwood and round off a successful first year of historic racing. Jaguar has already had plenty of success in their first year with the Heritage Racing outfit, with wins at the 2012 at Monaco Historique, Le Mans Classic and the Nürburgring AvD Oldtimer Grand Prix.