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Ford slows rate of cash burn in posting $1.4 billion net loss

Ford Motor Co., the only U.S. automaker operating without federal bailout loans, burned through $3.7 billion in cash during the first quarter in posting its fourth straight quarterly loss. Ford slowed the burn rate from the fourth quarter of 2008, when cash declined by $5.5 billion.

One Lap of the Web:1966 Chevrolet Chevelle, Ferrari replicas and the Scion FR-S vs. the Ford Focus ST

We spend a lot of time on the Internet -- pretty much whenever we're not driving, writing about or working on cars. Since there's more out there than we'd ever be able to cover, here's our daily digest of car stuff on the Web you may not otherwise have heard about. -- Join the crew from Drive as they take an in-depth look at the 1966 Chevrolet Chevelle.

Automotive review of 2013: the best - and worst - cars and motoring moments

This year marked the 60th anniversary of the Corvette, and Chevrolet marked the occasion in style by launching an all-new model back in January 2013 – the seventh generation of the 'Vette. Instantly recognisable as a Corvette, the new model packs a 6.2-litre V8 rated at 460bhp. Best of all though is the news that the road racer will reach UK dealerships next autumn, priced from £61,495.