02 Arctic Cat Panther 660 Four Stroke Head Light Harness Bv on 2040-parts.com

UAW, Fiat likely to hold key stakes in new Chrysler

The UAW and Italy's Fiat S.p.A. could be Chrysler LLC's leading shareholders if the struggling U.S. automaker wins the concessions requested by President Barack Obama's automotive task force by April 30, a source close to negotiations told Automotive News today.

Bentley & Lamborghini SUV on hold?

Reports today say that VW is planning to put the Bentley SUV and Lamborghini Urus SUV on hold as VW fights to cut costs. Despite still strong sales, VW is now forecasting lowered sales going forward than previously expected and looking at ways to keep costs in check until the economy starts moving in the right direction again. And one of those cuts seems to be the launch of luxury SUVs by Bentley and Lamborghini.

Win-A-Shelby raffle winner gets a 624-hp GT350

After years of participating in the Win-A-Shelby Raffle, one lucky enthusiast finally drew the golden ticket at the Barrett-Jackson Orange County Auction in Costa Mesa, Calif. William Munn of Maritez, Calif., was crowned owner of the 2011 GT350 on Sunday. By buying five tickets at $100 or a single ticket for $25, participants placed their names in the drawing to win the coveted Shelby.