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Chrysler to build an electric version of the Fiat 500 for the U.S. market

Chrysler will build an electric version of the Fiat 500 minicar for sale in the United States, starting in 2012, the automaker said on Monday. A prototype of the Fiat 500EV was shown at the Detroit auto show. The concept uses an electric motor, an advanced lithium-ion battery pack and an electric vehicle-control unit.

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.

CDN launches Studio Photos

Car Design News is today launching 'Studio Photos', an extensive new library of high quality car photos taken in a photography studio. Developed in conjunction with automotive design research consultancy Car Men, it is a unique CDN member service created specifically as a visual benchmarking tool for design studios and consultancies who require directly comparable photos of production cars. Most designers or researchers will be familiar with the task of quickly finding good images of specific cars, details of some new model's tail lamp, or the side view of a particular class-leading competitor.