Altrom Imports Atm Jra138 - Tie Rod Assy - Right Side on 2040-parts.com

BMW M5 Competition Package (2013) first official pictures

BMW has updated the M5 super-saloon alongside the facelifted 5-series range. There are only tiny visual tweaks, but the big news is a new Competition Package version to take the fight to the new Mercedes E63 AMG S. What modifications do M5s fitted with the Competition Package get?

No Porsche plan for model priced less than Boxster

Porsche has no plans to sell a car costing less than the Boxster, according to the automaker's head of sales and marketing. "To build a Porsche for 30,000 euros [$37,800 at current exchange rates] currently doesn't fit our brand," Bernhard Maier told the Automotive News Europe Congress in Monaco on Thursday. "The extraordinary purchase experience is not for free and the entry price is currently covered with the Boxster and in the future by the Macan." He said Porsche's plan to double sales won't compromise exclusivity.

Chrysler says it needs another $2 billion in aid

In submitting its viability plan to the federal government on Tuesday, Chrysler asked for an additional $2 billion beyond the $7 billion in loans it sought late last year and outlined further steps to cut costs. Chrysler said it will reduce fixed costs by an additional $700 million, cut 100,000 more units of production capacity, discontinue three more model lines and sell $300 million more in assets.