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GM posts wider loss, burns through $5.2 billion in cash

General Motors, battered by a global economic collapse and buoyed by U.S. rescue loans, posted its sixth straight quarterly loss and burned through $5.2 billion in cash as revenue shrank by more than a third. The net loss of $9.6 billion in the fourth quarter compares with a loss of $1.5 billion a year earlier.

Skoda Yeti UK Prices

Skoda has released UK prices and specifications for the Yeti The Skoda Yeti is a much better bet than the recently announced Skoda Fabia Scout – a butched-up Estate with two wheel drive – as it is the real deal, with proper four-wheel drive and the ability to actually do at least a decent amount of soft-roading and, in all probability, make a decent fist of some rougher stuff too. Admittedly, to keep headline prices low, there are two-wheel drive versions too, and these are the bargain priced ones – starting from £13,750 – but you”ll have to pay a fair chunk more to get a full 4×4 – prices on the Skoda Yeti 4×4 start at £17,170 for the 2.0 litre TDi Yeti S. Even the entry-level Yeti E comes with Aircon and remote locking, and the extras add up as you go through the range.

Mustang GT (2011) – First pictures Leak

The leaked picture of the 2011 Ford Mustang GT 5.0 litre See, stuff does happen over Christmas. Even if it is unofficial stuff. A week or so ago we ran a couple of interesting Ford Mustang stories.