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Ford slows rate of cash burn in posting $1.4 billion net loss

Ford Motor Co., the only U.S. automaker operating without federal bailout loans, burned through $3.7 billion in cash during the first quarter in posting its fourth straight quarterly loss. Ford slowed the burn rate from the fourth quarter of 2008, when cash declined by $5.5 billion.

Silver linings: Saab and Mitsubishi see sales grow in May

Despite the company’s financial troubles, Saab sales are steadily increasing in 2011, with April and May numbers up 190 percent and 121 percent, respectively, from the same months last year. The Swedish automaker reported 385 units sold this May, versus 155 the year prior. So far this year, Saab has sold 2,765 vehicles, compared with 954 at the same point last year.

New Nissan Note production starts in Sunderland

The New Nissan Note goes in to production The new Nissan Note arrived at the Geneva Motor Show in March, and has turned in to a proper compact hatch – with plenty of kerbside appeal – instead of the rather bland small MPV it used to be. With better looks, some nice styling detail and lots of technology on offer – like Blind Spot Monitoring, Lane Departure Warning and Moving Object Detection, the new Note looks set to have much more impact when it arrive’s in Nissan’s showrooms than the old Note ever did. That point of view is given extra credence by the 14,000 orders Nissan has received for the new Note in Europe since it went on sale in July, and now the first Notes are ready to start rolling off the production line at Nissan’s plant in Sunderland.