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Chrysler eight-speed gearbox to boost big sedans' fuel economy

Chrysler Group says its new eight-speed automatic transmission will be the first offered on domestically produced automobiles and will boost fuel economy and cut emissions of the company's two full-sized, rear-drive sedans. The transmission initially will be available on 2012 Chrysler 300s and Dodge Chargers powered by Chrysler's 292-hp Pentastar V6 engine, the automaker said Thursday in a statement. The cars are being assembled and will start arriving in dealerships by Oct.

Nissan sketches future compact car plans

Nissan has unveiled a sketch of a compact car that it plans to sell around the world. The carmaker released few specifics, but the vehicle will be sold in more than 150 countries and is set to launch first in Thailand in March 2010. The car will qualify as Thailand's first “eco-car,” which is a government policy to help promote energy-efficient vehicles.

Aston Martin CEO to auction his Rapide for Japan aid

Aston Martin CEO Ulrich Bez will put his own Rapide up for auction at the Bonhams yearly sale of Aston Martin and Lagonda cars and automobilia on May 21. All proceeds from the sale of Bez's car will go to aid victims of the recent earthquakes and tsunami in Japan. "Nobody could have failed to be moved by the recent events in Japan," Bez said.