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GM Europe weeks from running out of cash

By Phil McNamara Motor Industry 03 March 2009 19:03 GM Europe will run out of cash ‘early in the second quarter’ of 2009, unless the divison secures $3.3bn in funding from European governments. Speaking today (Tuesday 3 March), GM chief operating officer Fritz Henderson revealed that insolvency loomed, due to the plunge in European car sales and GM’s liquidity crisis in North America. He ruled out a swift cash injection from private investors, saying that no talks had taken place and that lengthy negotiations and due diligence would take too long.

Range Rover Evoque Autobiography Dynamic: pictures and full details

Bam – how’s that for an attention-grabbing colour? This is the new Range Rover Evoque Autobiography Dynamic, and it’s more orange than the entire cast of TOWIE dropped into a blender. The reason we’ve all been Tangoed is simple – the Autobiography Dynamic joins the Evoque range at the 2014 Geneva Motor Show as a new high-performance model.　 Range Rover Evoque Autobiography Dynamic: technical details With 285hp and 295lb ft of torque from its 2.0-litre turbo petrol engine, it’s 45hp and 44lb ft more potent than the previous top dog – if still some way short of the likes of the 310hp Audi RS Q3 and the new 400hp Porsche Macan Turbo.

Presidential pickup to hit the auction block

Former President George W. Bush will put his 2009 Ford F-150 King Ranch 4x4 Super Crew up for auction at Barrett-Jackson’s Scottsdale sale on Jan. 19.