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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.

GM slashes production, 13 plants to get extended shutdowns

General Motors, battling a 49 percent decline in U.S. sales through March, plans extended shutdowns at most of its U.S. plants this summer.

How to buy a James Bond car on a budget

The name's Bond, budget Bond By Adam Binnie Motoring Issues 10 July 2014 09:06 News that a classic Aston Martin, full of James Bond gadgets, is to be sold at auction this Saturday 12 July 2014 may leave you yearning for a piece of the action for yourself. The idea of blasting through the Alps in a classic sports car with nothing on the horizon but a vodka martini and a suitcase full of secrets may leave you shaken and stirred, but sadly it is beyond the financial reach of most non-spies. Coys, auctioneers of the aforementioned DB 2/4 Vantage (below), were unable to speculate how much it would sell for, but it is likely to be an eye-watering sum.