Quicksilver/mercruiser Bearing Carrier Asy 52835a2 on 2040-parts.com

GM posts wider loss, burns through $5.2 billion in cash

General Motors, battered by a global economic collapse and buoyed by U.S. rescue loans, posted its sixth straight quarterly loss and burned through $5.2 billion in cash as revenue shrank by more than a third. The net loss of $9.6 billion in the fourth quarter compares with a loss of $1.5 billion a year earlier.

MINI Yours: MINI customisation kicks off with MINI Avenue

MINI Avenue - an off-the-peg MINI Yours We already know that MINI seems to launch more limited editions every year than the whole of the rest of the car industry. But now they’re going a step further with a customisation programme called ‘MINI Yours’, and an off-the-peg version called the MINI Avenue. MINI Yours is all about offering the sort of customisation offered for the original Mini in the 1960s by companies like Radford - and about making good margins on the add-ons – with a huge range of customisation stuff above and beyond what appears in the MINI Limited Editions.

LA Motor Show: Jaguar F-Type coupe to cost £7,000 less than convertible

JAGUAR’S stunning new F-Type coupe will cost from £51,235 when it goes on sale in the UK in the spring. The hard-top version of a car that has already taken the motoring world by storm will add a second model variant to the line-up, aimed not just at owners of the Porsche Cayman and even the 911, but also at previous owners of Jaguar’s own XK. Jaguar has used its media event at the Tokyo motor show to announce full pricing structures, with the entry-level F-Type coupe costing more than £7,000 less than the equivalent convertible.