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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.

Ferrari Enzo replacement (F70) will get V12

Ferrari F70 (New Enzo) to get V12 It seems to be taking forever for Ferrari to bring the replacement for the Enzo to the market. And that has meant endless speculation (guilty as charged) about what exactly the new Enzo will have to offer. As far back as 2009, we spoke to one of Ferrari’s ‘Favoured’ customers who, even then, had received the call from Maranello asking if he would like to be one of the lucky recipients of the new Enzo.

Electric BMW 1 Series Concept ActiveE Revealed

The BMW 1 Series ActiveE Concept BMW are ramping up their foray in to electric cars with the reveal of the BMW 1 Series Concept ActiveE which will show at the Detroit Motor Show in January, and takes the company a step further along the electric car line than the MINI E. The starting point for public trials of BMW’s i-Project (for ‘Public Trials’ read ‘We’ll get the punters to suss the problems’) was the front wheel drive MINI E which is out playing on the roads in a limited lease programme in the UK, Germany and the US. The programme has not been without problems including charging issues and poor range, but BMW are quite upfront about this being about seeing how the electric cars work in the real world.