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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.

Giles Taylor appointed Head of Exterior Design at Rolls-Royce

Rolls-Royce will be welcoming Giles taylor as its a new Head of Exterior Design in April this year. Taylor, who has spent the last 10 years in British automotive design roles and headed up the design team who created the XK and XJ model series under the direction of Ian Callum at Jaguar, will fill the vacant position in the Rolls-Royce design team. He will be based in West Sussex, UK, and report to Rolls‑Royce's Chief Designer, Ian Cameron.

Mercedes E-Class Cabriolet (2010 / 2011) Official

First official pictures of the Mercedes E Class Cabriolet 2010/2011 Well, it had to happen soon. The reveal of the new Mercedes E-Class Cabriolet, that is. We’ve had the teaser bits on the new AirCap system a few days ago which pretty much showed the car in production form, so Mercedes has got their act together, sent us a heap of pictures and a press release.