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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.

Electric Land Rover Defender at Geneva 2013

Land Rover has built seven electric Defenders to act as research vehicles for EVs off-road. All seven Defender EVs will be at Geneva 2013. What it is is the 2013 Land Rover Defender – in a variety of body styles – with the diesel gubbins removed and replaced with a big bank of batteries and an electric motor, as Land Rover try to find out if EV off-roaders have real world application possibilities.

Audi S5 Sportback revealed

Audi are bringing the S5 Sportback to Frankfurt The S5 Sportback gets Audi’s 3.0 litre supercharged lump putting out 329bhp and delivering 324lb/ft of torque. Which will give the S5 Sportback performance of around 5.2 seconds to 60 mph. This change from big V8s is a shame, but it does result in better economy – estimates for the S5 S/B are pushing on 30mpg – and the reduced emissions help car makers like Audi lower their average emissions, and important consideration these days.