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.

Vauxhall Astra GTC gets new 1.6 litre ‘Whisper’ diesel – price from £22,260

The Vauxhall Astra GTC gets the new 1.6 litre CDTi Just like all major motor manufacturers, Vauxhall are busy improving their engine range with new, more efficient and more powerful lumps. One of Vauxhall’s major engine projects has been to get the old 1.7 litre CDTi out of its cars and replace it with their new ‘Whisper’ 1.6 litre CDTi. The first Vauxhall to get the new 1.6 CDTi was the Zafira Tourer in early 2013, and the latest is the Astra GTC.

2012 Porsche 911 – Details

The 2012 Porsche 911 - grows in size It’s always the same when a new Porsche 911 comes along; it’s ‘spot-the-change’ time as Porsche reveals another evolution in the long history of its most iconic marque. So with a new 911 due in 2012 it’s perfectly reasonable to expect some nips and tucks to the body and a fettling of the oily bits to drag a bit more performance a bit more economically. Nothing too dramatic; just another chapter in the 911′s evolution.