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Chrysler repays $7.6 billion in outstanding U.S., Canadian loans

Chrysler on Tuesday repaid $7.6 billion in loans to the U.S. and Canadian governments, nearly two years after the No. 3 automaker was rescued.

Trailer full of 2014 Corvette Stingrays spotted on the road

If you're a Corvette fanatic dying to take delivery of that C7 you've placed an order on, take heart: There's a vehicle transporter laden with 10 (or is it 11?) 2014 Stingray coupes roaming the American southwest. Submitted by Autoweek reader Dan Becker, the photo doesn't tell us much about the car, but at this point we're all fairly well-versed in the details. Two different five-spoke wheels are visible -- most are black but we see at least one shiny set -- but beyond that, nothing is visible; the cars' tight wrappings don't even betray a sliver of the colors underneath.

LA Auto Show Design Challenge entries unveiled

The 2013 Los Angeles Auto Show Design Challenge entries have been revealed a few days before the show is set to open. As in previous years, several of the major players in the automotive design world are participating and automakers and design studios such as BMW DesignworksUSA, Subaru, Mazda, and China's SAIC and Changfeng will be exhibiting concept art. The theme of this year's design challenge is called "Biomimicry & Mobility 2025: Nature's Answer to Human Challenges.” With nature coming to be seen as one of the best R&D labs for design, and with biological knowledge doubling every five years, design studios were challenged to design vehicles that use biomimicry to increase the efficiency of mobility itself.