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GM posts $6 billion loss, burns $10.2 billion in cash as sales fall
Thu, 07 May 2009General 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.
Ford Vertrek concept car (2011) first pictures
Mon, 10 Jan 2011Remember Ford's one world, one car mantra? They call it One Ford. The new Ford Vertrek concept car, unveiled today at the 2011 North American International Auto Show, is a signal that they now want to roll out the same thinking to the SUV market. Currently, Ford sells the Kuga crossover in Europe and the Escape in America.
Scuola Polytecnica Milan - Personal Car Project
Sun, 14 Mar 2004In summer last year ten students from the Master's course in Transportation Design at the Scuola Polytecnica Milan took part in a project for FIAT. The work developed from a briefing by the FIAT Advanced Design Centre, taking into consideration the dimensional and content restrictions. One of the concepts which stood out was that of Alessandro Battaglia working on the exterior design, and Alberto Burger, who developed the interior design.