1985 Mercury Topaz Trunk Emblems on 2040-parts.com

GM considers CVTs for small cars

General Motors Co., aiming to give its small cars a sales edge, may introduce continuously variable transmissions to deliver better fuel economy, executives say. GM doesn't use CVTs now. But they could be used on models such as the Chevrolet Spark, Aveo and Cruze in the next three years, said Mike Arcamone, CEO of GM Daewoo Auto & Technology.

Chrysler reveals new 2014 Jeep Cherokee

Chrysler Group revealed photographs and the name of its replacement for the Jeep Liberty on Friday after unofficial photographs of the 2014 Jeep Cherokee showed up earlier in the day. The automaker had hoped to keep the mid-size SUV -- and its name -- secret until a planned reveal at the New York auto show in late March. However, photos of several 2014 Cherokees taken during pre-production at Chrysler's Toledo North Assembly plant were unveiled Friday morning on the site Jalopnik.com.

Fisker goes to China's Wanxiang

China's Wanxiang Group won an auction for Fisker Automotive Holdings Inc., the maker of luxury plug-in hybrid cars, with a $149.2 million bid, almost six times what Fisker was seeking when it filed for bankruptcy. Wanxiang topped Hybrid Tech Holdings during the auction, which began on Wednesday and went through 19 rounds of bidding, with an offer that includes $126.2 million in cash and $8 million in assumed liabilities, Fisker said Friday in a statement. U.S.