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Automakers switch to new engine oil for more efficiency, better protection

Automakers are going to great lengths to get more miles per gallon from their vehicles and everything is being looked at--even the engine oil. Every 2011 General Motors car rolls off the assembly line with the engine filled with a new generation of oil. Other automakers, such as Ford Motor Co.

McLaren P1 XP2R caught at the Nurburgring. A ‘Special Edition’ P1?

The McLaren P1 XP2R (pictured) caught at the Nurburgring The McLaren P1 is pretty much out in the open, and has even had it’s dynamic debut – in the hands of Jenson Button – at the Goodwood Festival of Speed. So why is there a McLaren P1 blatting round the Nurburgring wearing a small badge that says ‘XP2R’? Is this a ‘special’ P1; perhaps the first hint that McLaren are going to produce an even more extreme P1?

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.