Nice International Vt365 Cylinder Head Bolts on 2040-parts.com

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.

Ferrari 458 Italias ‘selling for £200k in UK’

The first examples of the new Ferrari 458 Italia supercar are trading for close to £200,000, price guide Glass’s Guide reports today. It claims wealthy enthusiasts are paying a £25,000 premium to jump the queue and get into one of the first 458s in Britain. The Italia lists at £169,545 in the UK, with first deliveries due for summer 2010.

VAT-free Alto offer extended

YOUNG car buyers have some early festive cheer to celebrate, with the announcement that Suzuki has extended its ‘VAT-free’ offer on the cute Alto city car model until the end of the year. The deal effectively takes £1,200 off the list price of the entry-level Alto SZ. That makes the five-door runabout just £5,999 to buy, and with a low deposit of £779 it can be driven away for £99 per month.