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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.

New Lexus RC F unveiled at Detroit

Lexus has confirmed the first details of a new RC F high performance model at its debut at the Detroit Motor Show 2014. Driven by what’s said to be the most powerful 5.0-litre V8 ever offered by Lexus, the RC F is set to top the new RC coupe range that was unveiled at the 2013 Tokyo Motor Show last November. A spiritual successor to the old Lexus IS F, the RC F will become the first rival to challenge the new BMW M4 later this year.

Daihatsu OFC-1 and HSC (2007): first official pictures

By Ben Pulman First Official Pictures 11 September 2007 10:51 It looks remarkably like a Copen… It does indeed, and at 5mm shorter, the same width, and only 45mm higher the OFC-1 is all but identical to the Copen. In fact, it is the new Copen, just not as cute. But perhaps the biggest changes is the switch from a two to a three-piece folding roof.