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UAW, Fiat likely to hold key stakes in new Chrysler

The UAW and Italy's Fiat S.p.A. could be Chrysler LLC's leading shareholders if the struggling U.S. automaker wins the concessions requested by President Barack Obama's automotive task force by April 30, a source close to negotiations told Automotive News today.

London rush hour 'worst in UK'

ANALYSIS of in-car telematics data has revealed that London commuters get the worst deal in rush hour, with average speeds 30% slower than those across other British cities. The study of 20 million miles of telematics data by Direct Line Drive Plus shows that despite London having more congestion-fighting measures than anywhere else in the country, its road-based commuters suffer worse peak time traffic misery than anywhere else. During peak times, cars in Westminster travel at an average speed of just 10.06mph, compared to a figure of 14.38mph across the biggest British cities.

Victor Muller dusts off the Spyker D8 Peking-Paris

Spyker D8 Peking-Paris Victor Muller is back trying to grab more investors with plans to put the Spyker D8 Peking-Paris in to production. Again. Just when we thought the demise of Saab would see Victor Muller buy a pipe and slippers and retire to Switzerland to contemplate his motoring adventures in to his dotage, CPP goes bust after Vlad the Investor went slightly overdrawn and Victor snatches Spyker back from its UK sojourn as a platform for more grandiose plans.