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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.

2012 Jaguar Range UK Debut at Motorexpo 2011

2012 Jaguar Range - every one a gem You’d have to have been living in a cave for the last couple of years not to know that Jaguar’s cars are now back at the top of the heap, and the 2012 Jaguar Range is probably the strongest line-up from Jaguar in a couple of generations. Regular readers will already have seen all the tweaks and additions to the Jaguar XF, Jaguar XJ and Jaguar XK for 2012 here over the last few months, but there’ll be the chance to see the updates in the flesh from this weekend at Motorexpo at Canary Wharf. The 2012 Jaguar XF – which debuted at New York in April – gets to look more like the concept on which it was based, the Jaguar C-XF Concept, which is a sure sign of the growing confidence at Jaguar.

Chrysler moves design boss Ralph Gilles to lead new SRT brand

Chrysler Group on Tuesday shuffled the heads of its vehicle brands, placing design chief Ralph Gilles in charge of the newly created Street and Racing Technology (SRT) brand while handing his duties as head of the Dodge brand to Reid Bigland. The move is a way of getting all of the automaker's SRT efforts together under one leader, spokeswoman Shawn Morgan said. Gilles, 41, will still be in charge of Chrysler's motorsports activities and the design for Chrysler, Dodge, Ram and Jeep vehicles.