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UAW: GM, Chrysler may not need additional federal funds

UAW President Ron Gettelfinger said today that General Motors and Chrysler LLC may not need additional federal loans beyond the $17.4 billion approved by the White House. "If we can get by without more money, that's what we want to do," Gettelfinger told Automotive News in an interview at Solidarity House in Detroit. He said how well the money holds out will depend on sales volume this year.

Grand National Roadster Show 2010: Possessed for victory--and just in time

The car that won almost didn't make it to the show. To officially enter the Grand National Roadster Show, the most prestigious hot-rod event on the planet, your car has to be in the building at the Fairplex in Pomona, Calif., by noon on opening day. Possessed, an elegantly elongated take on a '33 Ford roadster, was officially signed in by the judges at 11:58 a.m.

Toyota outlines quality reforms; chief bows out of U.S. hearings

Conceding that breakneck expansion led to Toyota Motor Corp.'s current recall crisis, president Akio Toyoda outlined reforms meant to get quality back on track, including more active use of the car's so-called black box crash data recorder. Toyoda, grandson of the carmaker's founder, also indicated he won't sit before Congressional hearings into the quality lapses that have triggered recalls of more than 8.5 million vehicles since last fall. Yoshimi Inaba, the head of Toyota's U.S.