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Chrysler bankruptcy filing said to be part of plan to seal Fiat deal

Chrysler LLC and Fiat S.p.A. are prepared to complete an alliance by Thursday that would be taken into bankruptcy court as a key element of the U.S. automaker's restructuring plan if needed, a person with direct knowledge of the situation said.

BMW Vision EfficientDynamics gets green light +video

The BMW EfficientDynamics is set for production in 2013 Probably the biggest show stopper at the 2009 Frankfurt Motor Show was the BMW Vision EfficientDynamics Concept, which offered a diesel hybrid setup withn two electric motors, M3 levels of performance and low emissions with 75mpg. In essence, a BMW M1 for the Eco generation. Since BMW revealed their Vision ED other premium car makers have joined the eco-supercar game and announced production of what amount to high-performance hybrids and/or electric cars. Mercedes has confirmed they are working on an SLS AMG E-Cell, with a working prototype already running around.

Ralph Lauren: Ferrari 250 GTO, 250 TR, McLaren F1 LM & Bugatti 57 SC models

Ralph Lauren's Ferrari 250 GTO model - just $9500 One of the joys of success in life for a petrolhead is the ability to indulge in your love for cars. And few people have been as successful as designer Ralph Lauren, nor indulged in a car collection quite as stunning. Ralph owns a collection of more that 70 stunning cars, and as a little money-earner – and a treat for car fans – has had four of his cars faithfully recreated as 1/8th scale models.