Dacco F75 Torque Converter on 2040-parts.com

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.

Gordon Murray and Toray Industries build carbon-fiber electric roadster

U.K. design and engineering firm Gordon Murray Design Ltd. and Japanese carbon-fiber specialist Toray Industries have built a lightweight electric-powered two-seater called the Teewave AR.1.

Aston Martin US dealers could lose DB9 & Vantage – which could see many shutting up shop

The Aston Martin V12 Vantage S Roadster (pictured) might not make the US The rules and regulations car makers have to conform to are both enormous and onerous, and different markets have different regulations. And it looks like new side impact regulation could scupper AML’s sales in the US. New side impact rules – due to come in to force in the US in September – means that two of Aston Martin’s big sellers – the DB9 and Vantage V8 and V12 – would have to be withdrawn from sale in the US as they won’t comply.