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GM financial results

By Ben Whitworth Motor Industry 10 November 2008 10:07 GM is on the ropes. In an official statement made late Friday night the carmaker said under current market conditions it would run out of cash in the first half of next year. And Ford is not far behind… Hard to believe?

ABT Sportsline introduces 700 hp Audi RS6 Avant

Hot on the heels of their appearance at SEMA and their announcement to open a location in the U.S., the German tuning firm ABT Sportsline has unveiled two new versions of the Audi RS6 Avant, dubbed the ABT Power S and ABT Power. Apparently, ABT Sportsline felt that the 560 hp output of the stock 4.0-liter TFSI-engined Audi RS6 Avant wasn't enough, and tuned the ABT Power S version to produce 700 hp. That's a 25 percent increase in power over the stock version.

Volkswagen prices 2014 Passat 1.8T

Volkswagen is debuting a new engine in its U.S. lineup, a 1.8-liter four-cylinder turbocharged and direct-injected TSI engine known internally as EA888, and the first car to receive it will be the 2014 Volkswagen Passat. The Passat will stay the same on the outside for the 2014 model year, but the new 1.8-liter engine promises to deliver as much power as the outgoing 2.5-liter engine it is replacing, 170 hp, while gaining seven more lb-ft of torque for a total of 184 lb-ft.