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UAW: GM, Chrysler may not need additional federal funds

UAW President Ron Gettelfinger said today that General Motors and Chrysler LLC may not need additional federal loans beyond the $17.4 billion approved by the White House. "If we can get by without more money, that's what we want to do," Gettelfinger told Automotive News in an interview at Solidarity House in Detroit. He said how well the money holds out will depend on sales volume this year.

Porsche 918 Spyder laps Nurburgring in under 7 minutes

The Porsche 918 Spyder (pictured) laps the Nurburgring in under 7 minutes When the McLaren P1 was first revealed, Ron Dennis told us it would lap the Nurburgring in under 7 minutes. But it seems the best the McLaren P1 has managed so far is a 7:04, so it’s no surprise McLaren hasn’t officially declared its time as they probably knew it wasn’t enough, but also knew that Porsche has managed to take the new 918 Spyder round the ‘Ring in just 6:57s. That 6:57 by the Porsche 918 Spyder isn’t quite as quick as the Radical, but as the Radical has only single type approval, Porsche are justifiably claiming the 918 Spyder’s time as the quickest by a proper production car, beating the previous record of 7:11s set by the Gumpert Apollo.

Subaru Advanced Tourer concept

The 2011 Tokyo motor show will see Subaru reveal a second concept alongside the hotly anticipated BRZ sports coupe. The Advanced Tourer Concept appears to be an evolution of the 2009 Hybrid Tourer Concept. The gullwing festooned body of the previous concept has been dropped in favor of a five-door station wagon.