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Kia future products: New engines power redesigned models

Cars will be the focus of Kia's attention in the next year as the fast-growing Korean automaker brings fresh styling and new engine technology to its lineup. The redesigned Rio subcompact that debuted at the New York auto show in April goes on sale in the fourth quarter. The Cadenza, a large upscale sedan that will be Kia's flagship, will be launched next spring.

Fisker Atlantic prototype [w/gallery] [UPDATED]

The Fisker Atlantic prototype, developed under the codename Project Nina, has been officially unveiled at a special VIP event on the eve of the New York motor show. This luxury extended-range four-door sedan, described by Fisker as a design prototype, is aimed at young families, and uses the same hybrid plug-in as the Fisker Karma. A standout feature of the Atlantic is the rigid ‘spider' structure, which allows for a generous amount of rear headroom for a fastback car as well as maximizing the light entering the cabin while offering increased visibility to the car's surroundings.

Senate releases $350 billion more in bailout money

The Senate voted Thursday to release a second round of $350 billion in federal aid to rescue financial institutions. The money could be the source of additional loans to automakers, auto finance companies and perhaps suppliers. An earlier allocation of $350 billion funded the first installments of emergency loans to General Motors and Chrysler LLC.