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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.

Geneva Show 2014: High Performance XF Wagon Roars Into Geneva

ORIGINALLY launched as a luxurious but sensible premium estate car, it was always a matter of when not if the stylish XF Sportbrake would receive Jaguar’s famed high performance makeover. The Brit car maker has exceeded expectations, as the newly christened XFR-S Sportbrake packs a considerable 542 horsepower from a supercharged 5.0-litre V8 petrol engine. Tweaks to the regular car’s suspension, steering and transmission help it reach 60mph from rest in a blistering 4.6 seconds and top out at an electronically limited 186mph.

Porsche 911 Carrera S Martini Racing Edition (2014) unveiled for Le Mans

By Michael Karkafiris First Official Pictures 10 June 2014 16:50 Porsche is returning to the 24 Hours of Le Mans race this weekend – a perfect excuse to throw another special edition of its iconic 911 into the marketplace. So this is the new Porsche 911 Carrera S Martini Racing Edition, the ideal sports car for a trip to La Sarthe to cheer on Porsche’s hybrid race car. Available only in black or white, the 911 Carrera S Martini will be limited to 80 units globally.