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Chrysler says it needs another $2 billion in aid

In submitting its viability plan to the federal government on Tuesday, Chrysler asked for an additional $2 billion beyond the $7 billion in loans it sought late last year and outlined further steps to cut costs. Chrysler said it will reduce fixed costs by an additional $700 million, cut 100,000 more units of production capacity, discontinue three more model lines and sell $300 million more in assets.

College Exhibition: Elisava University Show 2005

Students from the Transportation Design Masters program at Spain's Elisava School of Design presented their work in the 2005 Degree Show entitled 'Real Transportation', held in October at the Mies van der Rohe Pavilion in Barcelona. This was the sixth edition of the Transportation Design Masters course. The projects by this year's students aimed to bring creative solutions to real transport issues, while taking into account aspects such as mobility, aerodynamics, environmental impact, ergonomics, legislation, materials, production, security, technology and aesthetic principles.

Fifth Gear Tonight: Drifting, Mercedes SL, Ferrari World Record & Nitrogen in tyres

Fifth Gear tonight sees Jonny learning to drift, Vicki out at the Ferrari world record gathering, Jason with the new Mercedes SL and Tiff on Nitrogen in tyres. Our weekly preview of what’s on Fifth Gear continues with news of what Fifth Gear has on offer tonight, 11th March 2013. Jonny turns in to Tiff Needell tonight as he learns how to Drift cars – in this case a a specially modified BMW M5 – ahead of competing in the famous Gatebil show in Norway, with tuition from 2011 British drift Champion Mark Carter.