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Judge dismisses dealers' lawsuit against Tesla's retail stores

Dealers trying to block Tesla Motors Inc.'s retail stores in Massachusetts lost another round this week when a judge dismissed their lawsuit against the electric vehicle maker. In a ruling issued Monday, Norfolk County Superior Court Judge Kenneth Fishman said the Massachusetts State Automobile Dealers Association and other plaintiffs lacked standing to sue. It was the same reasoning the judge used in a November ruling denying a preliminary injunction against Tesla's suburban Boston store.

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.

Honda Civic Si gets a bigger engine for 2012

Honda is dropping a larger, 2.4-liter four-cylinder engine into the Si versions of the redesigned Civic coupe and sedan, which go on sale this spring. The Civic Si powertrain also gets a new six-speed manual transmission. Honda on Thursday said it anticipates that the 2.4-liter engine will be rated at 200 hp.