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2015 Nissan Versa Note gets an upgrade

Nissan revealed the 2015 Versa Note SR at the Chicago Auto Show on Thursday. The hatchback was joined on the stand by the Frontier diesel pickup. The SR trim of the diminutive Note gets a new front bumper and grille with dark headlight treatments and fog lights with black chrome accents.

Obama calls for shared sacrifice in auto bailout

President-elect Barack Obama says he wants to keep tough conditions on automakers that get federal loans. The companies must develop sustainable business models because it would be unacceptable "to keep them on their lifeline through taxpayer dollars in perpetuity," Obama told The Washington Post. Obama said industry restructuring will require "everybody, from labor to management to creditors to shareholders, giving something up." His comments contradict suggestions that the new administration will relax federal loan agreements reached last month with General Motors and Chrysler LLC, possibly with softer demands on the UAW.

New 2015 Skoda Fabia revealed – well, sort of

The design sketch of the 2015 Skoda Fabia We’re not entirely sure we can consider the design sketch of the new Skoda Fabia (above) as a reveal of Skoda’s supermini, but it is a clue to what we can expect when the new Fabia arrives in the coming weeks. Skoda tell us that the new Fabia will be taking its design cues from the Vision C Concept we saw at Geneva – and the new Octavia –  and that is a new direction for Skoda  with added width and a flatter body creating, say Skoda, more harmonious proportions. Of course, the design sketch of the new Fabia has the usual artistic license to make it more dynamic than the reality will be, with the end product when it arrives likely to look much like a smaller version of Skoda’s latest efforts.