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VIDEO: Classic-car driver training encourages teens to pilot vintage iron

Thirty lucky kids learned to drive classic cars at the Automotive Hall of Fame in Dearborn, Mich., on Friday in celebration of Collector Car Appreciation Day. Hagerty Insurance partnered with local classic-car owners for the inaugural event, which aimed to foster an interest in vintage cars among young drivers and to introduce them to manual transmissions. Hagerty said today's teens rarely have access to manuals, since about 90 percent of new cars have automatic transmissions.

Chrysler sold in £3.76 billion deal

By Ben Whitworth Motor Industry 17 May 2007 09:38 Chrysler has been sold. In one of the biggest private equity deals seen in the automotive industry, Cerberus Capital Management has purchased 80.1% of Chrysler in a £3.76billion deal, leaving DaimlerChrysler with the remaining 19.9% stake in the loss-making company. The move marks the close of arguably the most high-profile transatlantic merger and shuts the door on Canadian car assembly giant Magna and billionaire Kirk Kerkorian, who last month offered £2.27billion for Chrysler.

Chevrolet Trax (2007): infomation

By Liz Turner First Official Pictures 29 March 2007 09:09 Chevrolet Trax: the lowdown How low can you go in the US? That’s the question three compact concepts are asking the public at next week's New York Motor Show. GM revealed just one of the minicars today - this cute, four-door Trax.