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Mazda Minagi (2011): first sketches of new SUV concept

This is the Mazda Minagi, a new small crossover concept that Mazda will unveil at the 2011 Geneva motor show in early March. No, not Mr. Miyagi, but the Mazda Minagi.

Volvo You concept is the shape of things to come

The sleek Volvo concept unveiled at the Frankfurt auto show is headed to production, said Volvo Chairman Li Shufu. "The board has approved production of the concept, known as You, but the timetable has to be finalized,'' Li said during an interview at the Frankfurt auto show. He said it will be "somewhere around 2015." It's part of the plan by Chinese owner Zhejiang Geely to move the Volvo brand upscale.

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.