Toyota Cartridge Oil Filter Wrench on 2040-parts.com

GM posts $6 billion loss, burns $10.2 billion in cash as sales fall

General Motors, facing a June 1 U.S. restructuring deadline to avoid bankruptcy, posted a $6 billion net loss in the first quarter and burned through $10.2 billion in cash as global auto sales plunged. GM had $11.6 in cash reserves on March 31, down from $14.2 billion at the end of the fourth quarter.

McLaren MP4-12C named

The McLaren P11 has now been named - it will be the McLaren MP4-12C Update 9/9/09: McLaren has now released full details and pictures of the McLaren MP4-12C Update 10/0/09: Ron Dennis talks about the MP4-12c and McLaren Automotive’s future plans. But of course it’s about McLaren history, and more than a passing nod to its F1 heritage. The McLaren F1 cars are all dubbed MP4, but I think we’d prefer to have seen something like McLaren F2.

Former Volvo design boss Steve Mattin to join Russia's Lada

Former Volvo Cars design chief Steve Mattin will head design at the Russian brand Lada. Mattin will start at the Russian automaker on Oct. 1, Lada's owner AvtoVAZ told Automotive News Europe in an email.