Mercruiser Alpha One Gen One Transom Assembly Gimbal Bell Housing on 2040-parts.com

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.

Honda CR-Z, Fit joining hybrid lineup next year

Honda is growing its hybrid lineup with the addition of the CR-Z coupe and a hybrid version of the Fit. The Japanese automaker on Monday said that the sporty CR-Z, which has been shown as a concept, will go on sale in Japan next February. The hybrid Fit is to hit the Japan market before the end of next year.

Ultra rare Ferrari 250 TR up for auction

Ferrari 250 TR – Expected to sell for a world record price when it is sold by RM Auctions Classic cars is a fascinating game. At the bottom end there’s a huge range of cars from the ’60s and ’70s that can now be considered classics, and which can offer a whole heap of fun and thrills on a budget, particularly if you don’t mind getting your hands dirty. But at the top end it’s a whole different game, and prices are not in thousands of pounds, but millions.