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Chrysler rolls out 'No Payments for 90 Days' incentives

As worries grow of a second-half sales slowdown, Chrysler Group announced new incentives this week for 2011 and 2012 models. Under the “No Payments for 90 Days” promotion, buyers of 2011 or 2012 Chrysler, Jeep, Dodge or Ram Truck vehicles who finance their purchases through Ally Financial won't have to make payments for three months. The promotion runs through Sept.

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.

Fiat 500 Coupe Zagato (2011) at Geneva motor show

Fiat surprised the Geneva audience with a Zagato-bodied variation on the familiar new 500 theme.  Fiat 500 Coupe Zagato: an Italian Mini Coupe rival With Mini branching out in all different directions and Citroen growing its DS brand, it was perhaps inevitable that Fiat would try new things with the 500. It looks strikingly different at first sight, but the Coupe Zagato is based on the existing 500 platform. The differences mainly concern a modified lower roofline, bearing the traditional Zagato double-hump roof contours and rear window/C-pillar treatment.  The standard 500 interior has been retrimmed in black and yellow leather to match the ‘Pop Yellow’ exterior hue.