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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.

2008 EyesOn Design Awards

I was once told that the EyesOn Design Awards was initially conceived as an award by which a vehicle would be judged by visually-impaired individuals. The prerequisite for winning was that the beauty of a vehicle would have to be determined solely through the medium of touch. Though it may seem odd that the award is presented by the Detroit Institute of Ophthalmology (DIO) - an internationally-recognized non-profit organization known for helping the blind and visually-impaired - it has since grown to become one of the most prestigious automotive design award ceremonies to date.

Ford Fiesta [w/Gallery]

The facelifted Ford Fiesta features design cues that bring it in line with the latest Ford global design language and concept vehicles. The biggest changes are to the front of the Fiesta, where its trapezoidal grille has moved further up the front mask and is flanked by new headlamps with LED daytime running lamps, as well as a new 'power-dome' hood (ironic given the new 3-cylinder, 1.0-liter engine). These changes allign it with the new Fusion/Mondeo that will also make its debut in Paris.