Westin 80-cc006 Brute Pro Series Conduit Carrier Tool Box Extension on 2040-parts.com

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.

Viper sports car division no longer for sale

By Ben Whitworth Motor Industry 13 July 2009 14:08 Viper’s yo-yoing lifeline looks to be finally secured after ailing parent company Chrysler said the sports car maker was no longer for sale. Rather than killing off its muscle-bound brand, last summer Cerberus-run Chrysler considered selling off the rights to the Viper, hoping to achieve around $10m for the Detroit assembly plant and brand equity to bolster its dwindling cash reserves and stave off imminent bankruptcy. After an initial surge of interest from similar-minded companies like Roush and Saleen, curiosity nosedived along with the global economy.

Renaultsport Megane N4 rally car (2010) first pics

Renault's added the new Megane Renaultsport N4 to its current rally range. The N4 draws on a group of heritage Renaults stretching over a quarter of a century - including the 5 GT Turbo, R11 Turbo, R21 Turbo, R19 16V, Clio Williams and Clio Renaultsport. To cope with all sorts of terrain, the Megane uses three-way adjustable shock absorbers.