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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.

Renderings hint at 2015 Ford Mustang appearance

We're still waiting to see what the 2015 Ford Mustang will look like. Spy shots only offer glimpses of undisguised sheetmetal between pieces of heavy camouflage, so until the debut, this set of renderings that appeared on Mustang enthusiast forum Mustang6G.com is the next best thing to an official reveal. Mustang6G forum member chazcron is responsible for the images, which are said to have been built from the growing number of Mustang spy shots circulating the Web.

Watch Koenigsegg One:1 active aero in action

Christian Von Koenigsegg and Drive are back with another installment of “Inside Koenigsegg.” Episode 3 focuses on the One:1's active rear wing. The naked carbon-fiber wing on the 1,360-hp Koenigsegg One:1 gets a front-top mounting, which reportedly causes less turbulence than a rear-mounted wing. The total weight is about 20 pounds, which von Koenigsegg claims is about 1/3 of what most active wing systems weigh.