Vintage Sprint Mag Wheel Center Caps on 2040-parts.com

Former Chevrolet Volt chief takes helm at Fisker

One of the key architects of the Chevrolet Volt is taking the helm of Fisker Automotive. Tony Posawatz, a veteran General Motors executive, has replaced former Chrysler CEO Tom LaSorda as chief executive of Fisker. LaSorda had just taken over as CEO in February, after joining the company in late 2011.

L.A. auto show: Honda to uncork ‘P-NUT’ design study

Honda will tear the cover off a futuristic, ultra-compact urban coupe on Dec. 2 at the Los Angeles auto show. It’s called the Personal-Neo Urban Transport, or P-NUT, and Honda is billing this as an aggressive design study.

Chrysler's main creditors reach deal with U.S.; others hold out

The U.S. Treasury Department has reached a tentative debt-reduction agreement with Chrysler's main creditors but still must get other lenders to sign on for the deal to take effect, three people with knowledge of the talks said today. The accord with JPMorgan Chase, Citigroup, Goldman Sachs and Morgan Stanley would reduce Chrysler's $6.9 billion debt to $2 billion, which would be repaid by Chrysler in cash, they said.