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Chrysler bankruptcy filing said to be part of plan to seal Fiat deal

Chrysler LLC and Fiat S.p.A. are prepared to complete an alliance by Thursday that would be taken into bankruptcy court as a key element of the U.S. automaker's restructuring plan if needed, a person with direct knowledge of the situation said.

2013 Ford Mondeo – first photo, and it’s not the 2013 Fusion

First photo of the 2013 Ford Mondeo The North American Ford Fusion has been revealed at Detroit, but we have the first photo of its European cousin – the 2013 Ford Mondeo. We’ve covered the reveal of the 2013 Ford Fusion from the Detroit Auto Show and pointed out that, to all intents and purposes, the Fusion North America gets is pretty much the same car we’ll see as the 2013 Ford Mondeo. But just so there’s no confusion, we’ve got the first photos of the 2013 Mondeo in pre-production guise, just so you can see how similar the Mondeo will be to the Fusion.

Volkswagen working on new VR6 engine

Volkswagen is pushing ahead with development of a new narrow-angle V6 direct-injection gas engine, sources from the German carmaker's engineering headquarters based in Braunschweig reveal. Engineering for the new engine is being overseen by Volkswagen's new head of engine development, Fritz Eichler -- who in a previous position led the development of the current generation of Mercedes-Benz AMG powerplants -- continues with a swept volume of 3.0-liters and an unfashionable 15-degree cylinder bank angle. It has been conceived for transverse mounting.