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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.

First Sight: Mercedes-Benz Concept Style Coupe

The third installment of Mercedes-Benz's ‘small' car family will receive its global preview with a close-to-production concept set to debut at the Beijing motor show next week, but Car Design News has gained an early peek of the official images and details. The Concept Style Coupe heralds the much-vaunted ‘mini-CLS' compact four-door coupe production car (rumored to be dubbed BLS or CLA) that's slated to go on sale in the second half of 2013. It's based on the same new platform – called MFA for ‘Mercedes Front-wheel drive Architecture' – that has already spawned the new A- and B-Class cars.

Win Lamborghini goodies

By Ben Pulman Competitions 24 September 2008 12:55 To celebrate the Gallardo LP560-4 winning our 2008 performance car of the year test, CAR has teamed up with Lamborghini to give away some official merchandise. Just enter our competition and you could win two Lamborghini Hydrogen hooded sweatshirts. Available from www.lamborghini-store.co.uk, the H2J sweatshirts are reversible, 100 percent cotton and worth £230 each.