Ford, Jaguar S-type & X-type 16" Rims & Snow Tire Package - 95t 215/60r16 on 2040-parts.com

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.

Happy Anniversary: delivery-mileage Lamborghini Countach for sale

Just when you think you've seen it all, along comes a delivery mileage Lamborghini Countach that has been sat 'resting' in a storage facility since April 1990. And although it would be rather amusing to report the supercar had been discovered during an episode of Storage Wars, the reality is a little different. The Countach is the car that graced the bedroom walls of countless young boys in the 1980s, condemning the Ferrari poster to the waste paper bin.

New Toyota iQ3 launched

Toyota has launched a new version of the iQ - The Toyota iQ3 - with a bigger engine and spec The Toyota iQ3 gets Toyota’s 1.33 litre 98bhp VVT-i engine with Optimal Drive, which Toyota already offer in the Yaris and Auris, and offers 58.9mpg with either the manual ‘box or Toyota’s CVT. But sticking the 1.33 litre engine in to the Toyota iQ3 makes it more than just a city car. With a 0-60mph of 11.8 seconds and a top speed over 100mph, this little Toyota can cope with motorway driving quite well.