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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.

CDN-GM Interactive Design Competition - Exterior Phase Launched

We're pleased to announce the launch of the second phase of the CDN-GM Interactive Design Competition, which challenges design students in North America to create an exterior design in response to briefs from each of GM's four brands – Buick, Cadillac, Chevrolet and GMC. This second, exterior design phase of the competition – which can be found at www.cardesigncontest.com – follows on from the previous interiors design phase and again challenges students to design against briefs set by each of GM's four brands. Remember, you don't have to have entered or registered for the interiors phase in order to take part in this exterior phase of the competition.

Aventador Sold Out. Will that mean cheap Gallardos?

Lamborghini Aventador LP700-4 - sold out for 2011 With production of the Lamborghini Aventador LP700-4 likely to run at no more than about 1,000 cars this year, it’s not the biggest shock in the world that we’re hearing every single LP700-4 slot for 2011 is already sold out. Whatever way you look at it, the LP700-4 does offer a remarkable set of performance stats, all wrapped up in a typically Lambo-esque body. It even gets a carbon fibre tub – long the preserve of the real high-end hypercars – and 0-60mph times that will spank the Huayra and have the Veyron looking over its shoulder.