Vespa Gts 250 300 Front Headlight Head Light Fairing Black Matte on 2040-parts.com

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.

Jaguar Land Rover sales drive Tata Motors’ profit

JLR strong sales drive Tata Motors profits Jaguar Land Rover sales rose 41 per cent in the last quarter to £3.75 billion with profits of £440 million, propping up Tata’s domestic decline. When Tata bought Jaguar Land Rover from Ford back in 2008 for $2.3 billion it offered promise for the future, but most analysts thought Tata had made a big mistake buying JLR for so much, just as the world economy started to slip ion to the near depression we’re still fighting. But the analysts were wrong.

2014 Ford F-150 Tremor revealed

Street-truck enthusiasts looking for V8 power with V6 fuel economy, look no further. In what initially looks like a baby Ford Raptor or a true successor to the F-150 SVT Lightning, Ford has revealed a special trim package for their F-150, named the Tremor. Featuring the 3.5-liter EcoBoost engine packing 365 hp and 420 lb-ft of torque, the Tremor comes with the short-wheelbase, regular cab and 4x2 set-up.