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Shortened LX rear-drive platform--Chrysler's midsize car answer?

Chrysler's new management team is wrestling with its first major product decision, and it's a crucial one: how to replace the slow-selling Chrysler Sebring and Dodge Avenger. One option--a stretched version of Fiat's compact D-Evo platform--faces serious hurdles, and one early proposal--use of an Opel platform--is off the table. Now sources say Chrysler Group LLC could replace its much-maligned mid-sized cars with a model based on the Chrysler 200C EV, a concept shown at the Detroit auto show in January.

First look: 2014 BMW M3 and M4

The BMW M3 is back, faster and more powerful than ever before -- but only as a four-door sedan. For its iconic 3-series-based performance model, BMW will dispense with a 26-year tradition of high-revving naturally aspirated engines in lieu of turbocharged six-cylinder power. Revealed here in production-car guise for the first time, the new 425-hp M3 sedan will be joined at the outset by its sister model, the M4 -- a mechanically identical but stylistically sleeker two-door coupe previewed in lightly veiled concept-car form at the Pebble Beach concours in California last August.

Senate passes cash-for-clunkers extension

The Senate added $2 billion to "cash for clunkers" on Thursday, ending a week of suspense about whether the popular new program would have to shut down for lack of funds. The bill, identical to the one that passed the House last week, now goes to President Barack Obama for his signature. The administration has pushed hard for the new funding.