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Ford burns through $5.5 billion in 4th quarter as losses mount

Ford Motor Co., the only U.S. automaker operating without federal loans, burned through $5.5 billion in cash during the final three months of 2008 as losses mounted. Ford finished the year with cash reserves of $13.4 billion.

It’s the Skoda Citigo, Skoda’s take on the VW Up!

Skoda Citigo If the latest addition to the Skoda range – the Skoda Citigo – looks familiar, that’s because it’s the Czech maker’s take on Volkswagen’s own city car, the VW Up! It gets a daft name too, but at least it doesn’t get the exclamation at the end. Sensibly, with a big chunk of the world falling in love with little cars designed for use in our congested cities (and about time too), Skoda has chosen to jump on the bandwagon quickly with its Citigo, with the baby Skoda arriving on its home turf – the Czech Republic – this year and the rest of Europe by Summer 2012.

Infiniti QX56 (2011) leaks

Infiniti's doubtless very able - but visually 'Challenged' - 2011 QX56 If you’re reading this from the New World side of the Pond you’ll know exactly what the Infiniti QX is. It’s a full sized SUV from Nissan’s luxury arm Infiniti, aimed right at the North American love of big 4x4s, but also sold in the Middle East and Russia. The current version of the QX56 has been on the market since 2004 and is at the end of its shelf life, with a new 2011 Infiniti QX56 debuting at the New York Motor Show this week.